OILPRICE

Global oil demand in the summer is expected to be strong as consumption of transportation fuels is set to rise across the board and across r...

A new analysis by the energy think tank Ember has found that several countries in Europe could soon face bottlenecks in their national trans...

OPEC’s crude oil production edged up by 3,000 barrels per day (bpd) in March compared to February as Iran and Saudi Arabia slightly boosted...

The European Parliament adopted on Thursday a proposed reform in the bloc’s electricity market to make power prices less dependent on volati...

Russia has hit Ukrainian oil, gas, and power infrastructure with high-precision long-range weapons and drones on Thursday night, in response...

As Mexico is slashing oil exports, U.S. imports of Mexican crude slumped last week to the lowest level on record, data from the Energy Infor...

Australia’s government has joined the United States and the European Union in a race to lure in more business from abroad, with a focus on t...

Global coal power capacity hit a record last year driven by China, which built the most new capacity, but also helped by a slowdown in coal...

Proposals for new power generation capacity in the United States have increased by an impressive 90% over the last three years, Bloomberg ha...

The OPEC+ group is firmly back in control of the oil market and has the power to have it extremely tight in the second half of the year shou...

Artificial intelligence is helping the oil and gas industry boost output by accelerating drilling and boosting efficiency. It offers similar...

Back in January of this year, the Biden administration announced a controversial decision to pause approvals of new licenses to export lique...

Last December, wholesale retailer Costco announced that they had sold over $100 million worth of gold in Q3 2023. "You've probably read abou...

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in steel prices from March to April. U...

U.S. inflation for March has surged more than anticipated thanks to soaring gas prices and top-dollar mortgage rates, creating concern that...

At least three people have been reported dead and five more injured following an explosion at a hydroelectric plant in northern Italy, the A...

Moscow is demanding that Russian producers step up gasoline and diesel deliveries to the domestic market and for exchange trading, TASS repo...

Back in February, crude tankers and product carrier company International Seaways (NYSE:INSW) predicted that tanker freight will remain heal...

The biggest utilities in the United States expect exponential growth in electricity demand in the coming years from data centers and new tec...

Crude oil prices moved lower today after the Energy Information Administration reported an estimated inventory build of 5.8 million barrels...

Germany’s industry is unlikely to fully recover from the energy price shock and return to the competitiveness from before the Russian invasi...

Russia’s flagship crude grade, Urals, is currently being exported at a price of around $75 per barrel, per Argus Media data cited by Bloombe...

The Chinese government has granted direct subsidies of at least $3.7 billion (3.4 billion euros) to EV manufacturer BYD, which has been one...

Uncertainty about the pace of renewable energy growth with the U.S. presidential election approaching has pushed investors to withdraw money...

The European Union’s decision to open an investigation into Chinese subsidies for its domestic wind turbine manufacturers is a discriminator...