Oil prices fall in early trading in Asia as the US president warns Iran against disrupting shipping in the Strait of Hormuz.

As the price of crude oil surged, consumers were feeling the effects of the Iran war and its damage to worldwide energy production. Gasoline prices are climbing. Many people will ...

By Stephanie Kelly and Sheila Dang LONDON/HOUSTON, March 9 (Reuters) - Oil prices on Monday climbed to the highest level ...

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Paramount President Jeff Shell was sued Monday for $150 million for allegedly failing to honor an oral contract for crisis PR ...

Shell confirmed it has inked deals with Venezuela to explore development of the country’s oil and gas reserves, less than a ...

Saudi Arabia has started reducing oil production as the near-blockage of the critical Strait of Hormuz starts filling up storage tanks, according to a person familiar with the matter.

Global stock markets are deep in the red after the Brent Crude oil price this morning soared as high as $119 a barrel.

The stage has been set for a prolonged period of elevated energy prices as global markets for crude oil and liquefied natural ...

California drivers pump gas at nearly $5 per gallon in L.A. and San Francisco, about 50% above the national average, as the Iran conflict disrupts oil supplies. Recent refinery closures cut California ...

Maduro’s capture, eight weeks before Trump declared war on Iran, cleared the way for Shell — and whoever said ‘it’s not about ...

The presidency said the agreement paves the way for a development that could add approximately 150,000 barrels per day to the country's production capacity.