OILPRICE

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...

Two swallows do not a summer make. Well, okay, Aristotle didn’t put it that way, but we are betting that a lot of utility investors are hopi...

Iran Loads Every Available Barrel of Oil on Its Tankers  - Confronted with the prospect of the Trump Administration potentially attacking it...

Geopolitical risk raced back into oil markets last week with Israel's strikes on Iran, and Donald Trump's uncertainty about how he will reac...

Refiners in Asia have asked for additional oil supply under term contracts this summer as the conflict between Israel and Iran is hiking pre...

Crude oil prices climbed sharply last week as the conflict between Israel and Iran worsened, raising fears that global oil supplies could be...

European diesel prices rallied for a fifth straight session, driven by mounting anxiety that critical Middle East shipping lanes could be ch...

Father and son, Albert and Gordon Huddleston, part of the Texas oil dynasty of H.L. Hunt, are expected to become even richer if a rumored $8...

China saw its shipments of rare earth magnets to foreign markets crash by 53% in May to the lowest level for any month since February 2020,...

The Johan Castberg oilfield in the Barents Sea has reached full capacity of 220,000 barrels per day (bpd), operator Equinor said on Friday,...

Canada’s Strathcona Resources supports MEG Energy in its process to explore potential mergers after MEG recommended that shareholders reject...

Israel is in control. The U.S. is not, because it currently has no foreign policy to speak of. It is entirely reactionary, which means what...

The government of Mozambique is ready to lift the force majeure imposed on TotalEnergy’s LNG project in the country as soon as the company a...

Crude oil prices could rise by between 15% and 20% from pre-war levels in case of disruption of 1.1 million barrels daily in production, Cit...

Crude oil prices were set for another weekly gain today, the third in a row, as Israel and Iran continued to bomb each other with no sign of...

Big Oil firms expect global oil demand to stop growing at some point early next decade. But the decline will be very slow and gradual and wi...

One of President Trump’s top priorities when he took office was to remove generous subsidies for things like wind and solar power that, crit...

Kazakhstan and China have moved to deepen their strategic partnership, with the two allies set to sign 60 agreements worth up to $25 billion...

Today, the world is filled with conflict. Part of the problem is oil limits, but there are many other issues as well: Resources such as coal...

Crude prices are technically higher today, but the market mood feels anything but bullish. WTI is clinging to $75.60 (+0.61%), but that mask...

The growth in US power demand is surging to its highest rate in decades, driven first by the electrification of oil and gas production and t...

The global tide is turning in favor of nuclear energy after decades of distrust and an adverse policy environment. This week, the sea change...

SpaceX’s Starship prototype exploded over the Indian Ocean on Thursday during its fourth “hotfire” engine test, dramatically underscoring th...

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices li...

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two vessel tracking...