It’s impossible to predict what will happen to gasoline prices in the near to medium term. But in the short term, experts widely expect them to rise.

An intermediate good is a good that is used in the production process that creates another good, which can be a finished product or even another intermediate good.

The Strait of Hormuz is one of the world’s most important economic chokepoints, and it has just been closed off by the conflict in Iran.

Black gold, Texas tea, dino juice, or whatever you want to call it, oil is the lifeblood of the global economy. Whether it's ...

Indonesia will increase crude oil imports from ​the United States to replace some supply from the Middle ‌East amid an ...

Is petroleum jelly an effective moisturizer? Experts weigh in and recommend their favorite lip balms for winter.

The United States said it will allow certain operations to resell Venezuelan-origin oil destined for Cuba for citizens and companies on the island.

In this day and age of clicking on the computer and other forms of instant satisfaction, long-term seems to have become a long-lost skill set when it comes to investing. Many saw Warren Buffett ...

(Bloomberg) --Arko Petroleum Corp., the fuel wholesaler subsidiary of convenience store firm Arko Corp., raised $200 million in an upsized initial public offering that priced at the bottom of a ...

Oil prices soared last month, snapping a six-month downtrend. Occidental Petroleum closed the sale of OxyChem last month, significantly enhancing its balance sheet. The oil company also amended a ...

Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading. Once formed, petroleum does not stay put. It slowly seeps ...

Chevron has signed an initial agreement to start working in Syria, weeks after the Syrian government seized control of key oil and gas fields in the north of the country. By Christina Goldbaum ...