Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.

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(Bloomberg) Oil tumbled to the lowest level in more than five years on speculation a global supply glut that’s driven crude into a bear market will continue through the first half of 2015. West Texas Intermediate fell 2.1 percent to ...

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Bar-exam prep, Virginia corruption, Iranian opposition, $50B order rounds out this week's Law Blog Roundup.

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The Eastern Seaboard is being opened to offshore oil and gas exploration for the first time in decades with the Obama administration's approval Friday of sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.

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Companies are taking advantage of new ways to export oil from the U.S. despite government restrictions, and in the process helping the U.S. become an ever bigger exporter of petroleum on the world stage.

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The prices of oil rose Thursday as a positive report on the U.S. labor market and more cold temperatures boosted expectations of higher demand for heating oil.

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NEW YORK — Renewable energy is growing fast around the world and will edge out natural gas as the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday by the International Energy Agency. ...

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ALEXANDRIA, Va. — French oil giant Total agreed Wednesday to pay $242.5 million to settle criminal charges alleging the company used middlemen to pay bribes to win lucrative contracts in Iran. Court papers filed in U.S. District Court in Alexandria ...

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WASHINGTON — Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame. The producer price index, which measures price changes before ...

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The price of oil fell below $96 a barrel even as the dollar strengthened against some foreign currencies. Crude prices have been rising, along with the stock market, and investors appeared to take a break from both Thursday. Benchmark oil ...

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