OILPRICE

I have said in recent posts that the world economy is hitting resource limits of many kinds. These limits include oil, coal, and other sourc...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week...

The upcoming European Union-Central Asia summit, to be held April 3-4 in the Uzbek city of Samarkand, is seen by some European observers as...

The latest S&P Global’s UK Purchasing Managers’ Index (PMI) shows that UK manufacturing’s woes have deepened. S&P Global’s latest PMI survey...

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned production increase...

Via Metal Miner   Over the last ten years, industrial metal prices have gone on a wild ride, rising, falling and rising again, thanks to eve...

One week after the Kremlin and the White House announced a deal that aimed to halt fighting between Ukraine and Russia in the Black Sea regi...

OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPE...

The Western news media on the US/Russia relations is almost always so far behind the curve, that it’s a miracle they’re still in the game. A...

Arctic LNG 2, the processing and export facility that was billed as Russia’s flagship LNG project, has gradually resumed gas processing afte...

Stronger economic growth than previously expected and booming demand for petrochemicals will lift China’s oil demand by 1.1% this year, acco...

Kazakhstan’s combined crude oil and condensate production reached an all-time high in March, which further exceeded the country’s crude outp...

Oil markets are on edge as Trump prepares to roll out his tariff plan, with commodities around the world set for significant disruptions in...

Oil prices inched down slightly on Tuesday morning as OPEC+ begins adding supply from April 1, amid U.S. threats of secondary tariffs on buy...

Russia has ordered shut two of the three moorings of the main oil export terminal on the Black Sea handling Kazakhstan’s oil exports, which...

Higher volumes of crude oil and refined products trading helped Gunvor, one of the world’s biggest independent commodity traders, raise its...

TG Natural Resources has agreed to buy 70% of Chevron’s natural gas assets in East Texas for $525 million, as the company indirectly owned b...

Indian oil refiners have started looking for alternative supplies of crude after President Trump threatened secondary sanctions on Russian e...

Shell, Chevron, and Exxon have warned the Australian government a proposal aimed at curbing natural gas shortages on the domestic market mig...

Vietnam has announced import tariff cuts ahead of the entry into effect of President Donald Trump’s tariffs aimed at fixing the trade defici...

Over the past few weeks, the Trump administration has attempted to broker a peace deal between Russia and Ukraine, offering a glimmer of hop...

After a series of internal meetings at Iraq’s Oil Ministry over the past two weeks, talks with several international energy companies have b...

The European Union is looking to prop up Europe’s steel and metals industry with a new action plan. Sector organizations welcome the plan, b...

The Indian steel sector—the world’s second-largest—faces a critical challenge in 2025 as the European Union (EU) tightens its environmental...

For decades, U.S. electricity demand grew at a predictable, modest pace. Utilities could plan around gradual increases driven by population...