New York is free to levy a $3 billion a year tax on fuel sales in New York. But that would be unpopular, so instead it aims ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

More hypocrisy from President Biden on fighting climate change.

Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called ...

The US is moving to curb imports of used cooking oil, preventing foreign supplies used to make biofuels from qualifying for a ...

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on ...

Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...