OILPRICE

Brent crude oil is closing in on the $80 price point Thursday afternoon, with WT reaching above $76 per barrel on healthy U.S. economic data...

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a 1.15% decline from July to August. U.S. steel prices remain...

Libya’s National Oil Corporation (NOC) has declared force majeure at the Sharara oilfield, after protests halted production at the country’s...

The largest Japanese oil and gas explorer, Inpex, is raising returns for shareholders to a record-high, despite posting a decline in its fir...

Harbour Energy has returned to the black on Thursday despite the largest UK-based North Sea oil and gas firm suffering a dip in revenue and...

Chinese banks have tightened their restrictions on payments from Russia out of fear of triggering U.S. secondary sanctions. Will this make a...

ChargePoint Holdings, which operates the largest electric vehicle charging network in the United States, unveiled on Thursday an EV connecto...

Natural gas flows from Russia to Europe via Ukraine continued on Thursday despite clashes at the Russia-Ukraine border near the only gas met...

Malaysia’s state energy firm Petronas has asked buyers to defer some scheduled LNG cargo loadings from one of its export plants due to opera...

Just a day after Libya was forced, once again, to reduce oil production from its largest field, Sharara, over protests, the Tripoli-based Li...

Oil prices have been highly volatile over the past week, with Brent trading across a $6.75 per barrel (bbl) range to hit a seven-month low o...

Cheniere Energy (NYSE: LNG) booked a 36% decline in its second-quarter earnings compared to a year ago, due to lower margins for delivered L...

A rebound in China’s airline traffic this year has boosted jet fuel demand in the only bright spot in transportation fuel consumption in the...

Several Western insurers have provided coverage for tankers carrying Russian oil, Reuters has reported, citing shipping and insurance data....

Exxon has begun to restart some units at its refinery in Joliet, Illinois, after a three-week outage. The 251,800-bpd facility was shut down...

Occidental Petroleum reported second-quarter profits of $1.03 per share for a total of $1 billion thanks to higher production. The result ex...

The launch of the expanded Trans Mountain oil pipeline earlier this year was a kind of unique event. In a place where the government did not...

Via Metal Miner Rare earth elements and semiconductors have taken on that critical national development role once occupied by oil and petrol...

As consolidation in the American shale patch continues, Bloomberg has cited unnamed sources as saying that Franklin Mountain Energy is geari...

The U.S. crude oil benchmark rallied nearly 2.5% on Wednesday, with Brent crude not far behind, as Wall Street held its breath over an antic...

An affiliate of Saudi Arabia's Public Investment Fund has thrown struggling electric car maker Lucid Group a $1.5 billion lifeline (second o...

A Ukrainian ground assault on Russian regions across the border continued on Wednesday for their second day, forcing Russia to evacuate resi...

When a Virgin Atlantic flight powered solely by cooking oil successfully jetted from London to New York last year, the airline’s billionaire...

The U.S. Environmental Protection Agency (EPA) is carrying out audits at least two biofuel producers over the used cooking oil in their supp...

Crude oil prices climbed higher today after the Energy Information Administration reported an inventory decline for the week to August 2. Th...