President Donald Trump’s plan to refill the US’s emergency crude storage system — “right to the top,” in his words — would help protect against future oil-price shocks. But it’s easier said than done.

Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep tariff ...

BALTIC, Conn. (WFSB) - Demand for home heating oil has spiked during this cold snap and companies are doing all they can to keep up. Kevin Fargo owns Mayday Oil, a small, family-owned business and ...

Donald Trump declared an “energy emergency” on Monday and signed a flurry of related executive orders. Some are designed to ...

Oil storage is a type of trade wherein vertically integrated companies purchase oil for immediate delivery and store until the price of oil increases. This storage can be for a short span of time, as ...

On past evidence, a 5pc year on year change in oil prices can be expected to cause average inflation in developed economies ...

By plane, car, mail and personal luggage, these ingredients arrive to local restaurants and storefronts at all costs.

South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.

Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.