OILPRICE

Crude oil prices were flat early on Monday morning, as traders await the next development in the ongoing conflict between Israel and Iran fo...

The United States is the world's largest oil producer, pumping some 13 million barrels every day. Yet the U.S. is also the biggest consumer...

A recent study suggests that some of the world’s richest countries could raise around $5 trillion in climate finance each year through windf...

China is investing in EV factories, battery plants, and all sorts of other transition tech around the world. It is building EV factories and...

The oil market is on edge after tensions between Israel and Iran flared up this week. Fears of an all-out war and an actual disruption to oi...

The oil price rally continued on Friday, adding to Thursday’s big jump after the Middle East crisis took a turn for the worse. Crude oil fut...

The world's largest oil exporter Saudi Arabia says that it is staying neutral and on the sidelines when it comes to the ratcheting wars in L...

Following the news of the Three Mile Island restart plans to power Microsoft's AI data centers and the revival of Holtec's Palisades nuclear...

Europe has experienced negative energy prices several times this year, as the rapid pace of development of solar and wind energy outpaces th...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes publis...

Petrobras, Brazil’s state-owned oil giant, is nearing a major step toward redeveloping the Tupi oil field, one of the largest deep-water res...

Despite a slight uptick in industrial consumption of natural gas this year, Europe’s heavy industry is likely to return to curtailing gas us...

As we detailed overnight, the union behind the 45,000 striking dockworkers agreed to end a three-day strike that paralyzed major US East and...

The European Commission has received enough support from EU member states to impose hefty tariffs of up to 45% on imports of electric vehicl...

Geopolitical risk has dominated oil markets this week, with both WTI and Brent up by roughly 8% since the start of the week when Iran fired...

Russia is suing eight of Shell’s units, according to court documents revealed by Reuters on Friday. Shell has withdrawn from its operations...

The crude oil market faces a critical juncture, driven by escalating geopolitical tensions in the Middle East and questions over global spar...

Big Oil Braces for Impact as Pace of Buybacks Becomes Untenable- Oil majors are confronted with a difficult dilemma as the investor communit...

The UK’s auto manufacturing industry will likely miss its 2024 target of electric vehicle sales as drivers lack the “fiscal incentive” to sw...

Iranian oil tankers have moved away from Kharg Island, Iran’s biggest oil export terminal, amid fears of an imminent Israeli attack on the m...

Brazil’s Petrobras has made two natural gas discoveries offshore Colombia, which executives at the Brazilian state oil and gas firm said cou...

International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict...

The Keir Starmer government has announced funding of some 22 billion pounds for the buildout of carbon capture facilities in the North. The...

Exxon has warned that its third-quarter earnings would likely be affected by lower oil prices, with the impact in the range of $600 million...

Crude oil prices were set to end the week with substantial gains pushed higher by the latest events in the Middle East. Both Brent crude and...