Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.

Mexican billionaire investor Carlos Slim's team and state energy company Pemex are discussing substantial changes to a deal ...

Iraq has finally signed a deal to build a refinery in the oil-rich Kirkuk province, nearly eight years after it first ...

Shares of Chevron slid by more than 3% even after the oil giant boosted its dividends. Exxon's liquids production rate remained at a 40-year high as offshore Guyana fields prove even more lucrative ...

Petroleo Brasileiro SA- Petrobras ( ($PBR) ) has issued an announcement. On January 31, 2025, Petrobras received a payment of R$1.025 billion from ...

North Korean troops not seen for 3 weeks in parts of Kursk Oblast, Ukraine's Special Forces say Ukraine deploys long-range ...

CRUDE oil bunkerers have revealed that some Nigerian military personnel who are supposed to stop oil bunkering organize and consolidate their business in the creek for huge sums of money.

Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

Phillips 66's fourth quarter profit plummeted to $8 million from $1.26 billion in the year-ago quarter. Valero's refining ...

LyondellBasell (NYSE: LYB) started closing down its Houston refinery earlier this month. The 107-year-old refinery is ...

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...