Defense Secretary Hegseth announces Navy oil tanker renaming from gay rights leader Harvey Milk to Medal of Honor recipient Oscar V. Peterson to take "politics out of ship naming." ...

Russia's oil pipeline monopoly Transneft's oil flows have continued to decline this year amid the OPEC+ deal and technological challenges, the company's First Deputy CEO Maxim Grishanin said on ...

Shell is reportedly in initial discussions to acquire rival BP in a deal that could become the largest oil merger in decades. BP shares surged nearly 7% amid speculation, while Shell denies active ...

President Donald Trump issued a warning about oil prices on social media. Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, Tuesday, June 24, 2025, in ...

The Jask Oil Terminal, just east of the Strait of Hormuz, has loaded less than 300,000 barrels per day of crude and was operational for only a month last autumn, according to data from Kpler.

U.S. stocks climbed Monday and oil prices dropped after The Wall Street Journal reported Iran is urgently signaling it wants to end hostilities with Israel. The S&P 500 advanced 0.9% and U.S ...

Stocks rallied on Monday on reports that Iran is seeking talk to end its war with Israel, easing fears that the conflict could spiral into a broader regional war.

Stock Market News for Monday June 16, 2025: Stocks Close Higher. Dow Adds 317 Points as Oil Prices Fall The S&P 500 and Nasdaq also rose amid signs that worries over the conflict in the Middle ...

State transportation officials have shut down the 400-mile road to Alaska’s oil fields due to “a significant flooding event,” washouts and erosion across a broad stretch between mileposts ...