The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.

Nigeria and India are on course to formalise an agreement on Local Currency Settlement System with a view to strengthening ...

Despite extensive U.S. sanctions, Iran's oil exports remain robust due to China's demand, Tehran's evasion tactics, and ...

New York prosecutors continue to heavily reference the infamous leaked Access Hollywood tape capturing Trump's crude comments ...

The SPR is the world’s largest supply of emergency crude oil. It was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the ...

A decrease in crude in floating storage is bullish for prices. Monday's weekly data from Vortexa showed that the amount of crude oil held worldwide on tankers that have been stationary for at least a ...

It has been common for decades to have a person to serve as a director of two competing companies—an arrangement known as an interlocking directorate. Because of that long history, the FTC’s decision ...

Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S.

A man has been arrested after he was accused of traveling from Pennsylvania to threaten and try to burn down the house of a Laconia woman he met online.

MOSCOW, May 3. /TASS/. The price of futures contracts of Brent crude oil for July delivery has dropped below $83 per barrel on London's ICE for the first time since March 13, according to trading data ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given two conditions for divesting 26 oil blocks from four International Oil Companies (IOCs) to four indigenous firms. Speaking in ...