The New York State Department of Environmental Conservation (DEC) advises property owners to prioritize safety when preparing ...

An oil depot in temporarily occupied Feodosiia, Crimea, has been on fire since 6 October following a strike by the Ukrainian ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...

The oil depot in the Voronezh region of Russia that was attacked at night contained dozens of fuel tanks. The facility was struck by drones of the Security Service of Ukraine, RBC-Ukraine sources say.

The Russian military has lost 59 artillery systems, 101 unmanned aerial vehicles (UAVs), 15 tanks, and 101 vehicles in the space of 24 hours, according to Ukrainian figures. The report ...

On Sunday, oil tanks in Yemen exploded in a massive fireball as Israel bombed the Houthi rebels in revenge strikes. Footage showed the gigantic fireball rip shoot into the sky after IDF jets hit ...