This article explores the history of oil, from its ancient origins to its current dominance, and examines its profound impact ...

The price of US oil has turned negative for the first time in history. That means oil producers are paying buyers to take the commodity off their hands over fears that storage capacity could run ...

Oil prices rose on the first trading day of 2025 on positive economic signals from China and the US, suggesting a potential recovery from the 2024 decline.

Due to falling oil prices, many Californian wells are now idle or abandoned. Unless properly treated, they will leave a toxic legacy, leaking methane and contaminating the air and groundwater. Andrew ...

Southern Europe has been struck by droughts and extreme weather in recent years, upending olive harvests and spurring a historical spike in prices. The International Olive Oil Council estimates ...

Oil prices climbed above $80 (£59 ... In April last year, they fell below zero for the first time in history as lockdown wiped out demand while producers continued to pump crude from their ...

While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...

Oil futures began 2025 on a positive note Thursday, boosted by expectations for stronger demand, with hopes that China, the ...

Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...