MEDFORD, Mass. (WPRI) — Nearly 400 gallons of home heating oil was mistakenly pumped into the basement of a Massachusetts home Monday. Medford Deputy Fire Chief Nicholas Davis said the delivery driver ...

Light crude oil futures are trading lower midweek, with traders largely in wait-and-see mode ahead of fresh inventory data. The American Petroleum Institute (API) is due to release its report late ...

Daylight saving time ends soon, and Americans are about to gain an extra hour as clocks roll back. The shift sounds like a win, but it regularly leaves people dragging through the day, delays morning ...

Crude oil futures ticked higher Friday but posted a third consecutive weekly loss as increased oversupply concerns and further tariff sparring between the U.S. and China sent prices to their lowest in ...

A de-escalation of Russia’s war in Ukraine threatens to push oil prices toward $50 a barrel, according to Citigroup Inc. Senior Commodities Strategist Eric Lee. Reducing the danger that Ukrainian ...

Oil is forecast to drop into the $50s-a-barrel range in the coming quarters on expectations for “punishing oversupply” as output expands, according to Macquarie Group, which pared back price outlooks.

ExxonMobil generated an industry-leading $11.5 billion in cash during the second quarter. Chevron plans to pump out an additional $12.5 billion in free cash flow next year. ConocoPhillips expects its ...

A groundbreaking ceremony has taken place for one of the world’s largest industrial heat pumps for CO2-free steam generation. The industrial heat pump is being developed by German chemical ...

California regulators fearing a dramatic drop in gasoline supply placed a five-year pause on Gov. Gavin Newsom’s penalty on oil industry profits Aug. 29. The decision is a blow to Newsom’s legislation ...

Indian refiners, the top importers of Russian crude oil, are searching for alternative suppliers ahead of Friday’s summit between President Trump and his Russian counterpart, Vladimir Putin. India, ...

Washington — President Trump signed an executive order on Wednesday imposing an additional 25% tariff on goods from India because it continues to buy oil from Russia. The announcement by the president ...