Households grappling with the escalating expense of heating oil are set to receive enhanced grants to facilitate the replacement of their oil boilers with electric heat pumps, the Government has ...

President Trump is pitching a U.S. naval blockade of the Strait of Hormuz as an opportunity for American oil-and-gas exporters. The squeeze on supplies is a bad omen for prices at the pump. The U.S.

Taking care of your car or truck’s transmission is important for its long-term health. All too often, car owners misunderstand the basic maintenance and service intervals that are needed to keep a ...

In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...

CALGARY — The price of crude oil fell sharply on Wednesday after the U.S., Israel and Iran agreed to a ceasefire, but the drop is not being reflected at gas station pumps -- yet. West Texas ...

A shortage of oil field workers and a low number of wells that could quickly start production are high hurdles for the U.S. oil industry. President Donald Trump may ask oil companies to ramp up ...

Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world's largest oil producer. Why? After all, as of 2023 (the latest data available), the ...

Oil trades in one global market, so US prices move with worldwide supply, demand, and geopolitical shocks. Fungibility, dollar pricing, and arbitrage keep benchmarks aligned, limiting any country’s ...

Global oil prices have fallen well below their recent peak. But don’t expect to see relief at the pump in the coming days. Even if oil futures begin to fall back to earth, that doesn’t mean immediate ...

Fuel prices jump over 10% as oil prices surge Midwest and South see steepest fuel cost increases Analysts predict further price rises due to market conditions Fuel prices jumped more than 10% this ...

The price of oil surged Monday as President Donald Trump signaled that the conflict between the U.S., Israel and Iran would potentially be drawn out for longer than a few weeks, raising concerns that ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. — a shipment the president valued at $500 million. It's part of the administration's push to tap into ...