Oil prices gained in Asia trading on Thursday after a large drawdown of crude oil inventories in the U.S. raised optimism around fuel demand in the world’s largest economy. Benchmark Brent crude ...

Crude oil inventories in the United States decreased by 6 million barrels during the week ending August 15, after growing by 3 million barrels in the week prior, according to ...

An Illinois auto shop owner and three employees are now facing an array of federal charges over illegal dumping.

TOLEDO, Ohio (WTVG) - The arrival of new gas stations in the Toledo area is sparking fierce competition and volatile price cycles. Stations gradually lower their prices to try and undercut their ...

The prices of regular goods that the average consumer buys, from groceries to household items, have been on a stunning upward ...

The Jasper County Grand Jury convened on Friday and after hearing evidence in several cases handed down indictments charging ...

Phillips 66, which now owns the century-old refinery, will idle the plants by the end of the year. In some areas, the contaminated underground layer is more than 16 feet thick. Yet the only estimates ...

The SAIC Motor IM LS6 coupe crossover can now be ordered as a BEV or EREV with over 900 miles of combined range.

Russia’s Far East is grappling with acute fuel shortages after a new wave of Ukrainian drone strikes forced multiple refineries offline, squeezing supplies just as seasonal demand rises.

Futures found support after the Energy Information Administration reported domestic oil stocks fell last week by an unexpectedly large 6 million bbl, leaving them 6% below the five-year average.

Crude inventories fell by 6 MMbbl to 420.7 MMbbl last week, the U.S. Energy Information Administration (EIA) said, compared with analysts' expectations in a poll for a 1.8-MMbbl draw.

Refinery capacity use edged up by a fifth of a percentage point to 96.6%, with crude oil input to refineries up by 28,000 barrels a day at 17.2 million barrels a day. Refinery runs were forecast to ...