Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

At least two people died and four were declared missing following the sinking of an oil barge operated by a contractor of ...

Two people died and four were missing after a barge involved in oil well maintenance sank on Venezuela's Lake Maracaibo, state-owned oil giant PDVSA said Thursday.

An oil barge operated by a contractor of Venezuelan energy company PDVSA sank in Lake Maracaibo, resulting in two confirmed deaths and four missing individuals. Rescue efforts are ongoing. Such ...

At least four fatalities have been reported after an oil barge, operated by a contractor of Venezuela's state-run energy ...

CARACAS/MARACAIBO (Reuters) -At least two people died and four were declared missing following the sinking of an oil barge operated by a contractor of Venezuelan state-run energy company PDVSA at ...

At least four people have been reported dead following the sinking of an oil barge operated by a contractor of Venezuela's state-run energy company PDVSA at the country's Lake Maracaibo, according to ...

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You've probably heard that some cooking oils are better for you than others, but the nutritional value of the oil in the bottle may not be the same after cooking, especially at high temperatures.

Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this small rise is a much larger story unfolding in the oil markets.

The cost of gasoline and oil have been trending down in the U.S. as a tussle over energy policy continues in the presidential contest. Global oil prices fell this week to the lowest level in ...

Officials are in the process of containing up to 8,400 gallons of oil that spilled onto a barge at the Port of Wilmington and ...