A Finnish court on Friday denied a request for the release of an oil tanker suspected by police of damaging an undersea power ...

Those orchestrating the string of suspected cable sabotage incidents are becoming decidedly brazen—and the consequences may affect not just communications, but crucial energy supplies, too. As part of ...

The outgoing Biden administration is poised to block future oil and gas leasing in some U.S. waters, aiming to box in president-elect Donald Trump and setting the scene for a new round of dueling exec ...

From there, the crude oil is transported by tanker. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

The real-time price of Brent crude oil is at $75.74 per barrel, and the price of WTI crude oil is at $72.73 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...