Motorists are in for slight relief at the pump starting Tuesday, July 8, as oil firms roll back fuel prices for a second straight week.

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

U.S. and global benchmark oil prices have lost 9% so far this year with tensions in the Middle East having eased back and as oil flows through the [key Strait of Hormuz waterway]( ...

Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.

Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high on hopes that Israel’s war with ...

Anderson said that news comes after talking to some large producers, who are predicting a drop in activity. North Dakota ...

AAA Texas said as tensions in the Middle East ease, crude oil prices have fallen below $70 per barrel, contributing to a ...

In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement ...

The probability of a major oil supply disruption such as closure of the Strait of Hormuz estimated from options has fallen to ...

Gas prices drop ahead of Independence Day, with Chicago's average at $3.65 and the national at $3.16 per gallon.

The Iranian parliament has voted to close the Strait of Hormuz, although the final decision still lies with the country's top ...

Petroleum marketers warn that declining crude oil prices may lead to a petrol price drop, with a new pricing structure ...