The decision had been widely expected, though dissension that caused the meeting to be delayed by a few days had created some doubts that the oil cartel would maintain the cuts. Eight OPEC+ ...

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...

Analysts say Trump's threatened tariffs, if applied on oil, could raise prices at the pump in the US and hurt the Canadian economy In Canada’s oil-rich province of Alberta, there is a deep sense ...

The United States receives a significant portion of its crude oil from Canada, and tariffs on these imports could directly affect drivers, as the added costs would likely be passed down to consumers.

"Any tariffs on Canadian oil are going to increase pump prices given the dependence of much of the U.S. refining industry on Canadian crude," Johnston said. The cost of crude feedstock is the ...

HOUSTON, Nov 26 (Reuters) - Oil prices settled lower on Tuesday, extending the previous day's losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil's risk ...

Donald Trump wants oil companies to “drill, baby, drill” on the first day of his presidency, but his fossil-fuel benefactors have a different agenda. Many of the tycoons who backed the ...

“Our whole understanding of the issue, from the very beginning — and by our, I mean ‘the world,’ and by ‘the issue,’ I mean ‘global warming’ — was influenced by the oil and gas ...

"All of that is going to help us move away from oil," said Arya at S&P. "But it's not going to be overnight." According to all projections, the world will need fossil fuels for some time. They're ...

In Azerbaijan, site of the COP29 climate talks and a petrostate, people aren’t only proud of their oil. They swear by its health benefits and visit resorts to soak in it. By Anton Troianovski ...