Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs ...

Oil futures inched lower in Friday dealings, with easing concerns about potential supply disruptions in the Middle East, ...

In recent months, however, those fears have become a reality. An olive oil shortage has caused prices to skyrocket, fueled a ...

Britain is at risk of olive oil shortages as the industry is wracked by a production crisis. Fears are growing over the risk ...

Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.

Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.

Analysts have set 12-month price targets for Marathon Oil, revealing an average target of $32.83, a high estimate of $45.00, and a low estimate of $26.00. This current average reflects an increase of ...

Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.

FXEmpire.com - WTI Crude Oil Technical Analysis. The West Texas Intermediate crude oil market showed itself to be rather noisy during the trading session again on Friday, as the j ...

Gold for June delivery fell $1 to $2,308.60 per ounce. Silver for July delivery fell 14 cents to $26.69 per ounce, and July copper rose 8 cents to $4.56 per pound. The dollar fell to 152.94 yen from ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

Major oil companies such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to ...