Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus ...

However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...

Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

Richard Grenell, one of Donald Trump’s closest advisors, is set to meet with Venezuelan President Nicolás Maduro this Friday ...

Canada warns US tariffs on Canadian oil could force America to rely on oil from Venezuela, a country the US avoids.

All else equal, this would increase gasoline prices, which in most of the country have averaged $3 per gallon for the past ...