The oil industry's grim outlook for global oil and gas supplies stands in contrast to the Trump administration's promise that ...

Venezuela's acting President Delcy Rodríguez is selling investors on a newly opened oil industry and looser U.S. sanctions.

Oil industry CEOs expressed concern over President Trump's chaotic policymaking and decision to attack Iran, saying financial markets have not accurately reflected the gravity of the crisis.

Oil price shocks affect different sectors of the economy through different mechanisms and with different magnitudes.

The U.S. attack on Iran is moving markets and driving oil prices higher.

Add Yahoo as a preferred source to see more of our stories on Google. An abandoned and inoperative oil pumpjack stands in the oil-rich Maracaibo region of western Venezuela. The pumps that brought ...

CARACAS, Venezuela — Venezuela's legislature advanced a bill on Thursday to loosen state control over the country's vast oil sector in the first major overhaul since the late socialist leader Hugo ...

Crude oil prices are soaring in the aftermath of U.S. and Israeli strikes on Iran. Brent oil, the global benchmark price, is up more than 5% again today, and has risen roughly 15% in the past couple ...

Add Yahoo as a preferred source to see more of our stories on Google. A cache of government documents dating back nearly a century casts serious doubt on the safety of the oil and gas industry’s most ...

Finance Minister Koo Yun-cheol said Sunday the government could expand a mandatory five-day vehicle rotation system to the private sector if global oil prices rise to US$120-130 per barrel as part of ...

North Dakota's oil industry is not increasing drilling despite high prices, a departure from its usual boom-and-bust cycle.