NEW YORK, Jan 2 (Reuters) - Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...

ALBANY — Oil and gas companies could be on the hook for billions of dollars to compensate for environmental pollution after Gov. Kathy Hochul on Thursday signed the Climate Change Superfund ...