The world's third-largest oil importer and consumer is on track to post an oil demand increase of almost 1.2 million barrels per day (bpd),...

The IEA boosted forecasts for world fuel consumption this year on surprising strength in China, and still anticipates a supply shortfall du...

While oil futures are rocketing — on Friday they were just below $95 a barrel in London — the rally pales in comparison with the surge in d...

The global benchmark rose 1.3% this week, touching $95 a barrel Friday before paring gains. National Security Advisor Jake Sullivan said Fr...

An initial investigation showed the vessel ran aground due to strong winds and ruled out mechanical or engine failure, the company said.