OILPRICE

This week, the stocks of solar power companies enjoyed a sharp jump following the presidential debate between Donald Trump and Kamala Harris...

Recent landmark deals by China and the U.S. reaffirm that the United Arab Emirates (U.A.E.) remains vital to the Middle East strategies of t...

World crude oil extraction reached an all-time high of 84.6 million barrels per day in late 2018, and production hasn’t been able to regain...

Automakers, big and small, are investing heavily in the development of a wide range of electric vehicle (EV) models, as consumer interest in...

Two private astronauts from a SpaceX capsule have carried out the world's first private spacewalk, becoming the first two non-government peo...

Oil’s recent slump to the low $70s and the brief dip into the $60s handle could open the door wider for the major economies to avoid recessi...

Libya’s crude oil exports are projected to fall by at least 300,000 barrels per day (bpd) in September, despite a modest recovery in product...

Goldman analysts Trina Chen and Joy Zhang explained in a client note Thursday that reports of Chinese battery giant Contemporary Amperex Tec...

The Grangemouth refinery, Scotland’s only crude processing facility, is set to close in the second quarter of 2025, its owners confirmed on...

Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production in t...

The U.S. Federal Energy Regulatory Commission (FERC) has extended with five years the September 19, 2024 deadline for Texas-based firm Eagle...

Saudi Arabia is expected to increase its crude oil supply to China in October after the world’s top crude exporter cut the prices of the oil...

The national average price of gasoline is set to fall below the $3 per gallon mark by the end of October, ahead of the presidential election...

The International Energy Agency (IEA) said on Thursday that global oil demand growth has markedly decelerated and is set for just 900,000 ba...

Chinese authorities have asked local carmaking companies to make sure key electric vehicle technology stays home even as they expand their m...

China imported in August the highest monthly volume of crude oil for a year as purchases increased with the fall in international oil prices...

Oil prices climbed 2% early Thursday morning as Tropical Storm Francine landed on the coast of Louisiana.  Earlier in the week, media report...

Crude oil production will continue to outpace demand in 2025 despite OPEC+ caps on output, Kpler analyst Homayoun Falakshahi told Reuters. I...

Recent US presidential elections are at least consistent. Two in a row have been fabricated pileups of oil and gas disinformation. The first...

OPEC and its partners from Central Asia and Russia earlier this month delayed a rollback in production cuts agreed in 2023 to stem the decli...

The oil market has shown remarkable resilience to geopolitical risks in recent months, with the conflicts in Ukraine and the Middle East hav...

Namibia, once considered a frontier market in the energy sector, is rapidly emerging as a potential oil powerhouse. Recent discoveries in th...

Central Asia these days is frequently associated with shortages in a bad way – shortages of heat and electricity, of jobs and, perhaps most...

Oil prices edged higher in Wednesday's intraday session, with Brent crude for November delivery up 2.12% to trade at $70.66/barrel at 14:46...

Donald Trump has reportedly considered the possibility of losing the 2024 election—and if that happens, he has plans for a one-way ticket to...