The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.455 million barrels for the week ending February 28. Analysts had expected a smaller ...

Here’s how it works. Rocket Lab has launched its workhorse Electron rocket for the third time in two weeks. The New Zealand-based company successfully launched eight wildfire detection ...

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The new Neutron rocket includes a "hippo" mouth fairing that deploys upper stages by spitting them out from inside. The private space company Rocket Lab is on track to launch the first of its new ...

Refineries in India have turned to Nigeria for the supply of crude oil following a drop in imports from Russia. This came as the Dangote Petroleum Refinery in Lekki, Lagos, has successfully ...

Crude oil futures rebounded from Wednesday’s lows after the US offered some concessions on recent tariffs. At 9.56 am on Thursday, May Brent oil futures were at $69.68, up by 0.55 per cent, and ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Crude oil inventories in the United States saw an increase ...

LAUNCESTON, Australia, March 4 (Reuters) - The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market fundamentals and the positive ...

Concern about President Donald Trump’s threats to impose tariffs on US imports of Canadian oil is waning as the duties’ start date keeps getting pushed back, strengthening local crude prices.

WASHINGTON/HOUSTON, March 25 (Reuters) - A U.S. plan to slap tariffs on countries buying sanctioned Venezuelan oil marks an unprecedented, and potentially potent, mixture of punitive economic ...

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Rocket Cos. is pushing deeper into the property market with a deal to buy Redfin Corp. that values the real estate listing site at $1.75 billion. The Detroit-based financial technology group will ...