News

Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.
OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite weaker near-term growth.
If you see a gross white sludge under your oil cap, it might be your car's way of dealing with built-up water and oil. Here's how to handle it.
The common cause for oil being in the engine's air filter is the positive crankcase ventilation (PCV) valve. If too much pressure builds up, it gets overwhelmed ...
Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a ...
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the U.S. after President Donald Trump reached a tariff deal with Japan.
How a new Carney-backed pipeline could spoil Trump's plans for Canada's oil Trump has called for a revival of Keystone XL. He may not appreciate Canada instead building a pipeline that offers ...
U.S. President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.
Two-week deadline set to find buyer for ailing Lindsey oil refinery Restructuring experts appointed by the Official Receiver have begun contacting potential buyers of the Lincolnshire plant, which ...
Despite a currency deal aimed at bypassing the dollar, Indian refiners are paying for Russian crude through UAE-based traders in dirhams—highlighting limits of the rupee-rouble mechanism.
A modest oil price bounce quickly disappeared when it became clear that Iran had no appetite for an escalatory spiral, with Brent crude slipping back below $70 per barrel. Even war with Iran failed to ...