OILPRICE

1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango - The summer rally of the oil markets might finally materialize as ICE...

Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that hav...

European wholesale electricity markets have seen zero or negative power prices for the most hours on record this year amid soaring renewable...

Australia’s east coast faces natural gas shortages due to supply outages and higher gas-fired power demand amid cold weather and unusually l...

A Canadian oil industry association has removed all transition-related content from its website in anticipation of punitive moves by the fed...

The merger between Chevron and Hess Corp. may be delayed until next year because of the arbitration panel set up to rule on a dispute with H...

Crude oil prices are about to book another weekly gain, boosted by the Energy Information Administration’s latest inventory report. On Thurs...

The world’s leading nuclear powers spent a record $91.4 billion on their nuclear defense systems in 2023--good for a 13.4% increase over 202...

"The US has committed a substantial military force at great financial cost to protecting the Red Sea. Our protective effort is failing and f...

Authored by Paul Everingham via RealClearEnergy, The U.S Government could do far worse than to look to Australia’s natural gas policy as it...

There was an unannounced guest at Iranian President Ebrahim Raisi’s state funeral in late May. Alongside dignitaries from neighboring states...

Brent crude and the U.S. benchmark West Texas Intermediate found their footing again on Thursday amid escalating tensions between Israel and...

New research from the Institute for Energy Economics and Financial Analysis (IEEFA) shows that over 800 coal-fired power plants could be pro...

Russia attacked Ukraine with missiles and drones overnight, damaging energy infrastructure and prompting even more power blackouts, while Uk...

As the war rages on in Gaza and tensions escalate between Israel and Hezbollah in Lebanon, private equity fund Carlyle (NASDAQ:CG) is formin...

U.S. shale oil production has four more years of growth before it peaks in 2028. This is according to a forecast by HSBC—the latest in a str...

Eskom, the state-owned utility of South Africa, has received government approval to keep five of its old polluting coal power plants operati...

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 2.5 million barrels f...

German car manufacturing giant Volkswagen is working on the next hydrogen fuel cell technology and has reportedly filed for a patent for a v...

Via Metal Miner Copper demand continues to surge globally. And as the rest of the world struggles with the rising price of copper and the ev...

Oil companies globally flared more natural gas last year, reversing reductions from the previous two years and sending gas flaring volumes t...

The UK Supreme Court ruled on Thursday that a local council unlawfully granted approval to an onshore oil drilling project as planners must...

The European Union is set to ban the re-export of Russian LNG in the bloc’s waters in a first sanctions measure targeting Russia’s gas, EU d...

Natural gas-fired electricity generation in the United States has jumped year-to-date compared to the same period last year, as total power...

A record number of Americans plan to travel over the holiday period around Independence Day, in what could be a boon to so-far-lackluster U....