Stocks of oil at Cushing fell by 2.5 million barrels last week to about 20 million barrels, the lowest since October 2014.
Israel’s military says it carried out new airstrikes in Yemen against what it said were Houthi rebel targets. Its statement ...
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that would hit flows from Russia.
Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...