OILPRICE

The global average price of an EV battery pack dropped below the $100 per kilowatt-hour threshold, considered the milestone at which EVs are...

Crude oil inventories in the United States saw an increase of 3.6 million barrels during the week ending February 28, according to new data...

European leaders jumped to renew a push for an end to Russia's invasion of Ukraine after US President Donald Trump said President Volodymyr...

Equinor on Wednesday announced a new gas and condensate discovery in the Norwegian Sea, which could contribute to Norway’s efforts to boost...

Russia saw its oil and gas budget revenues drop by 18.4% in February from a year earlier, according to data from the Russian Finance Ministr...

Egypt is inviting international companies to bid for 13 offshore and onshore blocks in a new licensing round as it aims to boost domestic oi...

The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, has made its first investment in an external hedge fund with lon...

Chinese refiners should reduce fuel production in favor of more petrochemicals, the country’s central planning agency said in its annual rep...

Crude oil prices extended their decline from Tuesday following remarks by the U.S. Commerce Secretary that some tariffs on Mexico and Canada...

China is going to boost coal production and power generation despite plans to boost its wind and solar capacity as well, signaling hydrocarb...

Oil prices will likely remain around current levels or even lower this year, analysts and economists in the monthly Reuters poll said last w...

Three years ago, Russia’s President Vladimir Putin floated the idea of creating a European gas hub in Turkey shortly after three leaks were...

In an interview with The Epoch Times last Saturday, Richard Grenell, Presidential Envoy for Special Missions, said that Donald Trump is comm...

Last week, the Italian government adopted a law to overturn a 40-year ban on nuclear energy in a pivotal move for the future of the country’...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.455 million barrels for the week...

After a week of runaway diplomacy around how to end the war in Ukraine that has widened rifts between the United States and other Western po...

Via Metal Miner Iron ore prices have seen some degree of volatility in the last fortnight or so. Experts attribute the moves to a combinatio...

Tesla sales are collapsing in Europe as the public are put off by Elon Musk’s vocal support for Donald Trump. It’s an object lesson in how p...

Canadian pipeline giant Enbridge (ENB.TO) isn’t letting Trump’s 10% energy tariff slow it down. The company just announced a $2 billion inve...

Refinery closures combined with growing demand for gasoline, diesel, and jet fuel are about to start squeezing available volumes—and this sq...

The U.S. Treasury just gave Chevron Corp. a short 30-day eviction notice from Venezuela, cutting off its ability to pump and sell crude from...

Last month, the European Commission launched its Clean Industrial Deal (CID), an initiative designed to boost the competitiveness and decarb...

The ink is barely dry on Trump’s 10% tariff on Canadian energy, and already, fuel prices are bracing for impact. As GasBuddy’s Patrick De Ha...

We’ve been here before -- declaring NATO dead or dying. Recently, US Republican Senator Mike Lee posted on X, saying: “It’s time to leave NA...

Russian President Vladimir Putin has agreed to help mediate talks between the Trump Administration and Iran on issues including the Islamic...