It isn’t just cars and airplanes. Oil is a key ingredient in thousands of common products.

The U.S. lifts sanctions on 140 million barrels of Iranian oil at sea, while keeping bank sanctions in place to deny Tehran ...

Chinese oil firm Sinopec will step up shale oil development in the Bohai Bay basin after a ​successful pilot project, using ...

For the best type of oil to fry egg rolls with, heed one Chinese American expert's advice and pick one that will keep your ...

Asian countries are burning more coal to keep power going as the war in the Middle East disrupts other fossil fuel supplies.

MOSCOW, March 23 (Reuters) - Russian President Vladimir Putin told the government on Monday to make "balanced decisions" on ...

Ukraine has struck Russia’s largest western export terminal in an effort to stifle Moscow’s windfall from rising global oil ...

This is how the IEA put it. The world needs “Immediate actions to reduce demand.” That was a highlight of today’s “New IEA ...

Slowing motorway speeds is among the first tools governments could deploy if the Middle East crisis pushes fuel supplies ...

Treasury Secretary Scott Bessent told NBC's "Meet the Press" on Sunday that the temporary lifting of sanctions on Iranian oil ...

Hungary has dramatically increased its dependence on Russian crude oil since Moscow’s full-scale invasion of Ukraine over ...

The Iran conflict is disrupting oil flows China relies on as Trump delays a planned Xi meeting, raising new questions about ...