Oil surged as President Donald Trump placed hefty tariffs on a range of imports including crude from Canada and Mexico, ...

U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty ...

The tariffs on the two biggest sources of U.S. crude imports will raise costs for the heavier crude grades U.S. refineries ...

A Scottish court ruled that the UK government’s approval of Equinor’s Rosebank and Shell’s Jackdaw oil and gas projects was ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...