OILPRICE

The world’s top crude exporter, Saudi Arabia, shipped the lowest volumes of oil in June for ten months as Saudi domestic consumption grew an...

The total number of active drilling rigs for oil and gas in the United States rose this week, pressing pause on a declining rig pattern, acc...

Iraqi state-run North Oil Company (NOC) has boosted its crude oil production from the Kirkuk governorate to above 360,000 barrels per day (b...

Cautious optimism is creeping back into the cobalt metal market as hedge funds move to physical purchases of the battery metal as prices slu...

China Petroleum and Chemical Corporation, or Sinopec, has said that it struck high oil and gas flows from an exploration well in the South C...

EV manufacturer Polestar, one of several struggling names at the bottom of the EV barrel, says that new hefty EU and US import tariffs on it...

China is proceeding with anti-dumping investigations of EU imports, targeting brandy and pork imports from the bloc, as the tariff spat ente...

The UK’s Labour Party just scored a massive victory that could have huge implications for the country’s oil and gas sector. This will be the...

International oil and gas majors Shell, BP, and TotalEnergies, as well as Japan’s Mitsui & Co, have agreed to buy 10% each in the new LNG pr...

Sentiment in oil markets is undeniably bullish, with WTI and Brent on course to post yet another weekly gain.Friday, July 5th, 2024Whilst ma...

Shell expects to take up to $2 billion in impairments for the second quarter, due to the sale of its Singapore refinery and the decision to...

The Labour Party won the UK election in a landslide, as Britons overwhelmingly voted on Thursday to end 14 years of Conservative rule. Exit...

Australian coal miners are seeing their stocks rally following an explosion at a coal mine operated by Anglo American that shut down operati...

Years of waiting to get a permit to connect to the grid is holding back gigawatts in wind power capacity in Europe, Reuters has reported, ci...

Suncor has shut down an oil sands project in Alberta amid wildfires, the province’s Minister of Forestry and Parks said, as quoted by Reuter...

Despite a dip yesterday on weak economic data from the United States, crude oil prices were set to end the week with another gain, extending...

Slowing drilling activity in the U.S. shale patch is capping oil production growth while natural gas output is down from year-ago levels ami...

Crude oil prices look set to climb higher this week and the rise could extend into the coming weeks as well, analysts are predicting. The qu...

The Israeli government has approved plans to more than double the country’s natural gas exports and expand production at the giant Leviathan...

As governments worldwide push for a green transition, companies around the globe are investing heavily in research and development into inno...

Brent crude soared to $87.50 per barrel on July 4th for the first time since mid-April, holding firm as a flurry of bullish news supports cr...

Australia’s east coast could see shortages of natural gas as early as in 2027 unless more supply is made available soon, the Australian Comp...

Saudi Arabia’s oil giant, Aramco, told Reuters on Thursday that reports it was considering a bid for Australia’s Santos gas producer were in...

The National Oceanic and Atmospheric Administration's (NOAA) National Hurricane Center (NHC) downgraded Hurricane Beryl to a Category 4 stor...

The airline industry in Europe will have to raise fares to offset the more expensive clean fuels as the sector looks to slash emissions, Lui...