Canada’s Foreign Minister Melanie Joly warned that proposed U.S. tariffs could force America to rely on Venezuelan oil imports, as tensions escalate ahead of President Donald Trump‘s planned ...

HOUSTON (Reuters) -Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data.

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

US crude oil stocks fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday. The 2 million-barrel draw was more ...