Booms were deployed to try to contain the oil, skimmer ships nibbled at the edges of the widening slick and fires were set to try to burn it off the sea surface. Various devices were deployed deep ...

Crude Oil sinks near 3% after OPEC headlines on output hikes. The Libyan outage could still cause concerns about supply in the short term. The US Dollar Index trades above 101.00 ahead of July’s ...

A skimmer was found inside an ATM at a Wells Fargo bank in South Pasadena on Friday, Aug. 23, the second time in a week that a skimmer was discovered at that location, police said. South Pasadena ...

Analysts say escalating geopolitical tensions threaten to send the price of oil soaring. The price of crude oil surged 3 per cent overnight, as Libya's eastern government announced it was cutting ...

Oil prices soared on escalating Middle East tensions, after Israel and Hezbollah exchanged fire over the weekend, prompting concerns about Iran's potential involvement. Market expectations center ...

HOUSTON (Reuters) -Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle East. Brent crude futures ...

The North African country's eastern government has reportedly announced a halt to output and exports Much of the focus in the oil market has been on the Middle East for months - but on Monday ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

Oil prices are rising rapidly on Monday morning as global supply is threatened by geopolitical uncertainty. Israel and Hezbollah traded strikes on Sunday in the biggest military exchange between ...

(Bloomberg) -- Libya’s eastern government said it will shut down crude output and exports, as a struggle with its Tripoli-based rival for control of the central bank and the nation’s oil ...