Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

The average price of regular gas in the Scranton/Wilkes-Barre/Hazleton area dipped to $2.99/gallon last week, and industry ...

A disruption to global oil supplies could cause prices to rise at a time when President Donald Trump has turned his focus to ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

Oil prices rose over 1% on Friday on short-covering ahead of a three-day holiday weekend and lingering worries over supply ...

The seizure of a Russian tanker in the Atlantic last week has drawn attention to the country’s clandestine shipping network ...

Washington has started selling Venezuelan crude oil after earlier this month launching a military strike on the nation and capturing dictator Nicolás Maduro and his wife on charges of ...

The Narwhal examines how U.S. actions in Venezuela could impact Canada's oil market, highlighting concerns over pricing and ...

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil ...

WTI trades near $59 after a more than 4% drop erased most of this week’s gains. Crude remains below all major moving averages ...

Oil prices rose slightly on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military ...

Wall Street steadied on Thursday as stocks in the artificial-intelligence industry bounced back following an encouraging ...