OILPRICE

Iran’s continued struggle with electricity shortages has led to the implementation of rolling blackouts in the capital, Tehran. Power cuts h...

Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel's decision to unwi...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quot...

U.S. utility giant Duke Energy (NYSE: DUK) reported on Tuesday consensus-beating earnings for the first quarter as higher rates and a colder...

OPEC’s second-largest producer, Iraq, exported crude oil and petroleum products worth $29.58 billion to India last year, trade data reported...

Germany’s utility giant Uniper obtained in the first quarter proceeds from realized claims for damages in its ongoing dispute with Russian g...

The recent oil price crash will surely hit Saudi Arabia’s state finances going forward, but the Kingdom already booked a hefty budget defici...

The House Natural Resources Committee is preparing to launch an overhaul of oil and gas drilling legislation in a bid to boost drilling acti...

Low oil prices have done what they always do, boosting demand for the commodity. This, in turn, has led to a change in oil’s fortune, seeing...

Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start declining later this ye...

Big Oil majors have no plans to scale back their budgets despite oil prices softening and more barrels poised to hit the market. That may so...

Last week,  the United States and Ukraine signed a long-awaited minerals deal, with Washington gaining access to Kyiv’s mineral resources in...

The world’s biggest international oil and gas firms are sticking to their dividend distribution policies as most met or exceeded analyst exp...

The multi-layered strategic importance of Syria to Russia was underlined in 2011 when President Vladimir Putin ordered his military to inter...

US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind OPEC’s decisio...

Prompted by the war in Ukraine and increasingly fraught trade relations with the United States, the European Union is on the hunt for natura...

We think it's time we can officially present the ESG grift - which we have spoken out against and called a scam for the better part of the l...

Oil markets took another hit this weekend as OPEC+ threw another curveball. In a virtual meeting Saturday, the group’s top producers—Saudi A...

Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline...

For the first time in history, fossil fuels supplied less than half of the United States’ electricity generation for an entire month, accord...

Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two refineries in the worl...

US President Donald Trump says the goal of the negotiations with Iran is to ensure the “total dismantlement” of Tehran’s nuclear program, bu...

Morgan Stanley joined other major investment banks in slashing oil price forecasts amid expectations of a larger market surplus later this y...

U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark...

Saudi Arabia has raised the price of its flagship crude grade loading for Asia in June, just as the Saudi-led OPEC+ group decided to continu...