At first glance, it looks like something from a science fiction film: a World War II T-34 tank with two MiG-21 jet engines ...

Two dominant forces balance the global oil market: supply and demand. The Iran war has broken both – one perhaps beyond ...

The country imports about 98 per cent of its total crude oil from the Middle East, while the remaining 2 per cent comes from ...

Sappi denied being the source of the spill in messages to regulators, but it acknowledged that a Coast Guard analysis ...

While the leak at the Monroe Interstate Pipeline Co. tank farm in western Delaware County wasn’t as large as initially ...

No one was hurt after an oil tank in Little was struck by lightning on Sunday, causing an explosion and fire. LITTLE, Okla. - No one was hurt after an oil tank in Little was struck by lightning on ...

Strait of Hormuz Is Open, Crude Is At $75; So Why Is India Still Paying War Prices? And with global oil prices falling sharply and supplies resuming, the global economy and nations like India which ...

The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf. By Keith Bradsher Keith Bradsher, who has covered China’s ...

Cushing crude inventories fell for eight straight weeks to about 20 million barrels, near what traders consider an operational minimum. U.S. exports reached a record as Persian Gulf supply disruptions ...

Global aviation has faced one of the biggest energy crises as the effective closure of the Strait of Hormuz has stopped volumes of the world’s jet fuel from making it to the market. WSJ’s George Downs ...

The oil industry is warning the Trump administration that a Hormuz-sized hole in the world’s petroleum market is steadily draining inventories to levels that are likely to send global energy prices ...