OILPRICE

The US representative to the United Nations told the UN Security Council on May 29 that the deal now on offer to end the war in Ukraine is t...

For years, the US has been a stalwart ally to Canada, peacefully sharing the longest international land border in the world. The US and Cana...

In April this year, China’s BYD hit a first--it sold more cars in Europe than Tesla. Of course, one reason for this was EV fans’ reaction to...

I predict that the world economy will shrink in the next 10 years. I think that this is bound to happen because of energy and debt limits th...

Last Friday, the President signed four separate executive orders designed to accelerate nuclear energy development in the US. The first orde...

President Kassym-Jomart Tokayev is trying to position Kazakhstan as a leading advocate for changing “the architecture of international relat...

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly...

EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6 billion...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hug...

U.S. gasoline consumption over Memorial Day weekend, the start of the U.S. driving season, rose by 2% from the same weekend last year as con...

The European Union says China, including Hong Kong, is responsible for "approximately" 80 percent of the circumventions of sanctions against...

A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy...

Defying Lower Oil Prices, Saudi Aramco Goes on Borrowing Spree - Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow mor...

Just under a year ago, I wrote a piece here suggesting that readers look at buying stock in NuScale (SMR), a young company that designs and...

A supertanker carrying 2.1 million barrels of Russia’s Far Eastern ESPO crude grade has been anchored near China for days in what traders sa...

This weekend, OPEC+ may debate boosting oil production in July by more than the 411,000-bpd monthly hikes it has announced for May and June,...

The European Commission considers allowing European Union countries more flexibility in reaching a 90% emissions cut target by 2040, diploma...

China has waived a short-lived 125% tariff on U.S. ethane imports, but American shipments to China could be hindered by a U.S. requirement o...

India is exporting more diesel on the east of Suez route into Southeast Asia in May, with shipments to the region on track for a four-year h...

Libyan authorities have arrested three suspects accused of breaking into the headquarters of the National Oil Corporation (NOC), the Attorne...

Tankers carrying Iranian crude to China are turning off their trackers, Kpler has reported, as cited by Bloomberg, as the threat of new U.S....

Crude oil and natural gas investments in Colombia could rise to $4.68 billion this year, from $4.33 billion in 2024, the country’s oil and g...

Crude oil prices are set for another weekly decline following news that OPEC+ was planning to boost production by another 411,000 barrels da...

The eight OPEC+ nations that contributed to voluntary production cuts are set to meet on Friday to discuss production strategy for July. Com...

India is overtaking China as the world’s biggest oil demand growth driver in a momentous shift in the oil market where China dominated growt...