From silencing squeaky metalworks to killing weeds, cooking oil does more than impart delicious flavors to food. But as with everything, there are caveats.

The Trump White House confirms efforts to restore the nation's emergency oil reserve following its depletion during the previous Biden administration.

The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off the coast.

The International Energy Agency trimmed its forecast of next year's global oil supply glut for the first time since May on Thursday, flagging higher demand prospects due to a stronger world economy and lower supply from nations under sanctions.

The lawsuit filed Wednesday in Los Angeles Superior Court charges four oil companies with failing to properly clean up at least 227 idle or exhausted wells in the oil field near Baldwin Hills.

Oil prices are having a down year. Brent, the global benchmark price, has fallen 15% to around $63 a barrel. That slump has weighed on the cash flows and stock prices of most oil companies.

Azerbaijan’s 2026 Oscar entry, about philanthropist, oil magnate and “father of the nation” Zeynalabdin Taghiyev, is resplendent in its conception as a period biopic with the scale of mid-century Hollywood epic.

By Seher Dareen and Arathy Somasekhar HOUSTON/LONDON, Dec 12 (Reuters) - Oil prices were little changed on Friday, and were on track for a weekly decline as investors focused on a supply glut and a potential Russia-Ukraine peace deal.