OILPRICE

China will become crucial for global oil demand trends even after growth peaks in the transport sector, according to commodity major Vitol....

Oil markets witnessed choppy trading in Wednesday’s session, with Brent crude for January delivery plunging to $73.53 per barrel at $8.40 am...

Despite the very recent visit of Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, to Washington to spearhead his country’s latest at...

November normally marks the start of the heating season proper in most of Europe. This year has been no exception—and gas demand is set to s...

Former President Donald Trump has declared victory in the U.S. election against Vice President Kamala Harris. It's an outcome that will have...

Mexico's new government has announced that its energy policies include boosting state-owned national power company CFE while also setting ru...

Russian data show the nation’s crude production in October was nearly in-line with its OPEC+ quota. The country pumped 8.973 million barrels...

For the first time in ten months, Europe’s imports of liquefied natural gas rose in October from the previous month as it moved to fill its...

Abu Dhabi’s national oil company ADNOC signed on Wednesday a long-term supply agreement for its Ruwais LNG project currently under developme...

Crude oil prices were under pressure this morning after the U.S. Energy Information Administration reported an inventory build of 2.1 millio...

West African country Senegal is on track to see the first LNG shipment from a major gas and LNG project operated by BP early next year, Sene...

US Treasury yields jumped and Bitcoin surged to a new record as markets reacted to Donald Trump’s victory in the presidential election. Repu...

Falling wind power generation has tightened power markets in Europe this week, with Wednesday electricity prices in Germany hitting their hi...

The large commodity trading firms Vitol and Trafigura, as well as supermajor BP, are the biggest and dominant buyers of fuels lifted from th...

Tropical storm Rafael has strengthened to hurricane intensity in recent hours and is still set to continue its path toward the U.S. Gulf of...

Beleaguered North African oil producer Libya is set to announce within months its first oil and gas exploration bid round since the civil wa...

Republican presidential nominee and former President Donald Trump is projected to win the tight race for the 47th U.S. president, which sent...

The central Iraqi government has decided to start delivering crude oil from Kurdistan to the state-owned oil company or the oil ministry, lo...

Crude oil prices trended lower in midmorning Asian trade today, pressured by the first results from the U.S. elections and the latest weekly...

Follow Dan on: @dandoyleoil Frac’ers never want to admit that they’re idle, but we’re idle. We need producers to work and right now they’re...

While the OPEC+ group is trying to manage oil supply to the market, the world’s largest international oil companies are raising their produc...

The U.S. offshore wind industry has been one of the pillars of the energy transition as envisioned in the IRA. It has been drawing in invest...

Oil and gas fields, no matter how productive, eventually decline. Before the transformative impact of the shale boom, U.S. oil production ha...

Crude oil inventories in the United rose by 3.132 million barrels for the week ending November 1, according to The American Petroleum Instit...