OILPRICE

Crude oil demand will continue growing over the coming decades as the world’s population increases, the secretary-general of OPEC, Haitham A...

General Motors will be investing $4 billion in new manufacturing capacity for internal combustion engine vehicles, signaling cooling interes...

Crude oil prices moved lower earlier today even after the latest round of talks between the United States and China on trade yielded positiv...

Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of America’s leading commodities expert told Blo...

Texas is pumping natural gas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lo...

Scientists at the Massachusetts Institute of Technology have unveiled a process that generates hydrogen fuel using recycled soda cans and se...

The computing industry is running out of energy. Though the technology in computer chips has been growing smaller and more energy efficient...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 370,000...

US petrochemical producers may have found themselves on the front line of global trade wars, BNEF reports, with China’s dependence on the US...

Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that comply with the Western...

Grid upgrades, expansions, and resilience will need trillions of U.S. dollars of investments to catch up with the rising share of renewable...

A UK energy services giant returned to profit and created hundreds of jobs in the year before being acquired in a deal which valued it at mo...

Via Metal Miner Trump tariffs are back once again putting U.S trade partners in a tough spot. President Donald Trump recently exempted the U...

Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per day (bpd) in Q...

Iran and the United States on June 9 indicated that talks on Iran’s nuclear program will continue but the two side gave different dates for...

It appears that optimism is finally returning to oil markets due to a promising U.S. jobs report and signs that the China-U.S. trade war may...

Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of the LNG...

The European Commission is set to unveil later on Tuesday its new sanctions package against Russia, which will include a proposal to lower t...

As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian,...

Falling oil prices have made negotiations between Aramco and Nigeria’s government more difficult over a record $5-billion loan backed by oil...

India saw record-high power generation from solar plants between January and April, with solar electricity output soaring by 32.4% from a ye...

Investment firms Brookfield Asset Management and KKR could be potential bidders to buy South Korea’s third-biggest industrial gas supplier,...

Energy commodity imports from the United States to Asia declined over the first five months of the year despite efforts by President Trump t...

The UK government said it would invest 14.2 billion pounds in the construction of the Sizewell C nuclear power plant as it seeks to boost en...

Crude oil prices could decline below $50 a barrel this year, according to analysts from outlets including S&P Global. This will give America...