Ever noticed how a tiny drop of oil can work wonders? When oil hits the water, it spreads out and forms a super thin film on the surface. This film breaks up the waves and smooths out the surface, ...

The South Africa Incident Management Organisation (SAIMO) said a spill is believed to have come from the 6,492 dwt MSC Apollo ...

Satellite images show the Rubymar trailing an oil slick, left, eight days after being stricken by a Houthi missile, and with its stern half submerged, right, two days later. Images courtesy of Planet.

Oil futures ended higher Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the ...

Oil benchmarks up around 4% for the week Federal ... Prices have recovered after Brent fell below $69 for the first time in nearly three years on Sept. 10. "The market concluded that a sub-$ ...

An oil tanker in the Red Sea that was struck by Houthi militants was towed to a safe area after almost four weeks. The Greek-flagged ship Sounion, laden with 1 million barrels of Iraqi crude ...

Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices gained for the week after Hurricane Francine disrupted output in the Gulf of Mexico.

(Bloomberg) -- Oil slipped as producers started reviving output after Storm Francine passed, though futures still posted their first weekly gain in a month as the disruptions and risk-on sentiment ...

NEW YORK, Sept 19 (Reuters) - Oil prices extended their recent recovery ... Prices have been recovering after Brent fell below $69 for the first time in nearly three years on Sept.

US light crude oil gained more than 2 per cent a barrel on Friday after comments by US Federal Reserve Chair Jerome Powell indicated the central bank was preparing to cut interest rates.

Tanker ablaze for weeks after Yemen rebel attack is successfully towed to a safe area without any oil spill, EU says DUBAI, United Arab Emirates -- Tanker ablaze for weeks after Yemen rebel attack ...

Iraqi Oil Minister, Hayan Abdul-Ghani, is in a stable condition after receiving emergency heart surgery during an official visit to the United States. Abdul-Ghani arrived in the US earlier last ...