
Iraqi forces, backed by the U.S., and Shiite militias linked to Iran, seized back “key parts of the northern refinery town of Baiji” from Islamic State (ISIS/ISIL) jihadists on Sunday, according to media reports.
by Edwin Mora8 Jun 2015, 9:18 PM PST0

Nigerian officials reached a preliminary agreement with multinational oil firms to pay back the $800 million Nigeria owes the oil suppliers in an effort to bring an end to the country’s dire fuel shortage.
by Michael Lucchese27 May 2015, 6:12 PM PST0

After initially driving down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump, could Saudi Arabia now be pushing them back up?
by Marita Noon2 Mar 2015, 9:16 AM PST0

With the West Coast ports labor dispute involving 13,600 unionized dockworkers inflicting pain on 318 million Americans by causing billions of dollars a day in losses to the U.S. economy settling yesterday, now 30,000 unionized refinery workers across America intend to play the same leverage game by cutting off two-thirds of all U.S. diesel and gasoline supplies.
by Chriss W. Street22 Feb 2015, 11:20 AM PST0