Few Californians welcome higher gas prices. So they should cheer the news that Sable Offshore Corp. has resumed oil sales through the Santa Ynez Pipeline System in Santa Barbara County. Sable ...

10 tankers pass Hormuz as Trump signals talks, but global supply risks remain high Dubai: Donald Trump described Iran’s decision to allow 10 oil tankers through the Strait of Hormuz as a “gift” and a ...

President Ferdinand "Bongbong" Marcos Jr. assured Wednesday that the country would have a sufficient supply of oil products even beyond 45 days as the government is expecting the arrival of fuel ...

Energy minister says war on Iran creating ‘uncertain environment’ but insists government doing ‘all the preparatory work’ Follow our Australia news live blog for latest updates Get our breaking news ...

China Petroleum & Chemical Corp. posted a marked earnings decline in 2025 as softer crude prices, weaker fuel demand, and continued pressure in chemicals weighed on results, even as the ...

Fatih Birol, chief of the International Energy Agency (IEA), has cautioned that restoring oil and gas flows from the Gulf could be a prolonged process, according to the Financial Times. "It will be ...

Oil prices have surged due to the war with Iran. Most oil companies anticipated that crude prices would be much lower this year. They're on track to generate an unexpected windfall of excess free cash ...

This is read by an automated voice. Please report any issues or inconsistencies here. Oil is flowing through Santa Barbara’s controversial pipeline for the first time since 2015, after Trump invoked ...

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term. By Alan Rappeport Reporting from Washington The ...

The International Energy Agency warned it could take weeks or months for oil facilities to return to pre-war production levels — ATTA KENARE The war in the Middle East has largely paralysed the Gulf ...

Crude oil prices eased slightly on Thursday morning after briefly climbing above $100 overnight, as Iran moves to strengthen its hold over the Strait of Hormuz in an attempt to ramp up economic pain ...