Discounts on Russian Urals and Iranian Light crude have widened significantly as the sanctioned producers compete for the limited market of China’s independent refiners.

As U.S. sanctions ease and oil money begins to trickle back after Nicolás Maduro's removal, Venezuelans weigh hopes for recovery against the harsh reality of surviving on wages that barely cover food.

Watching from the sky, researchers find planet-warming pollutants leaking into the atmosphere are undercounted by at least two times.

Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on W

The lonely laggard in a yearlong surge for commodities may be getting ready to bounce higher.

By Arathy Somasekhar HOUSTON, Feb 25 (Reuters) - Oil prices slipped into negative territory on Wednesday as a much larger-than-expected U.S. crude stock build outweighed the threat to oil supply from potential military conflict between the U.

However, the situation could not be more stark in America’s neighbor to the north.

The Oil Region Alliance has been awarded $750,000 to fund historic preservation projects in the Oil Region National Heritage Area throughout the next three years.