Oil

Demand for petroleum and other liquid fuels will continue to grow worldwide through 2040.

Crude oil prices rose on Wednesday after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though U.S. data showed another big increase in domestic inventories due to Hurricane Harvey.

Crude oil prices rose on Wednesday after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though U.S. data showed another big increase in domestic inventories due to Hurricane Harvey.

Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.

Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.

Drained gas stations in Florida, a byproduct of the havoc wreaked by Hurricanes Irma and Harvey in the past two weeks, could persist for another month.

Drained gas stations in Florida, a byproduct of the havoc wreaked by Hurricanes Irma and Harvey in the past two weeks, could persist for another month.

Gasoline shortages continue to plague parts of Florida, Georgia and the Carolinas.

U.S. refineries are restarting after Hurricane Harvey forced them to shut down two weeks ago, raising the risk of fires and explosions that could prolong fuel supply disruption as plants simultaneously reheat units and reactivate catalysts.

U.S. refineries are restarting after Hurricane Harvey forced them to shut down two weeks ago, raising the risk of fires and explosions that could prolong fuel supply disruption as plants simultaneously reheat units and reactivate catalysts.

Oil prices were mixed on Monday, with Hurricane Irma's continued pounding Florida raising demand fears, while U.S. refinery restarts and Saudi cut extension talks gave upward pressure.

Oil prices were mixed on Monday, with Hurricane Irma's continued pounding Florida raising demand fears, while U.S. refinery restarts and Saudi cut extension talks gave upward pressure.

The world's largest oilfield services company, Schlumberger, is spending billions of dollars buying stakes in its customers' oil and gas projects.

The world's largest oilfield services company, Schlumberger, is spending billions of dollars buying stakes in its customers' oil and gas projects.

Oil prices slid on Friday, with U.S. crude down more than 3 percent on worries that commerce and energy demand in Florida and the Southeast would be hit hard as Hurricane Irma, one of the most powerful storms in a century, drove toward the region.

Oil prices slid on Friday, with U.S. crude down more than 3 percent on worries that commerce and energy demand in Florida and the Southeast would be hit hard as Hurricane Irma, one of the most powerful storms in a century, drove toward the region.

Gasoline suppliers have struggled to keep up with demand from evacuees.

Oil futures were mixed on Thursday, with Brent rising to a 5-1/2 month high while U.S. crude slipped on a bigger-than expected crude stock build, as the restart of U.S. refiners after Hurricane Harvey was countered by the threat of Hurricane Irma.

Oil futures were mixed on Thursday, with Brent rising to a 5-1/2 month high while U.S. crude slipped on a bigger-than expected crude stock build, as the restart of U.S. refiners after Hurricane Harvey was countered by the threat of Hurricane Irma.