OILPRICE

After the Second World War crude oil and control of its production became an important driver of global geopolitics. Crude oil became an ess...

Oil prices are rallying aggressively on the back of Saudi Arabia’s surprise cut and optimism over the rollout of vaccines across the world....

Despite all of China’s aggressive efforts to shore up their energy autonomy over the course of this year, the precariousness of Beijing’s en...

It took more than a year to break the Nord Stream 2 stalemate and now - amidst the world expecting full-scale coronavirus vaccination, amids...

The Republican legislators in North Dakota proposed a new $1.1 billion bonding package for infrastructure projects, planning to use proceeds...

Milder weather and decreased demand resulted in U.S. natural gas spot prices averaging in 2020 the lowest in decades, since at least 1997, d...

The Norwegian Oil and Gas Association, the powerful oil lobby in Western Europe’s largest oil producer, criticized on Friday the Government’...

Saudi Arabia’s surprise announcement that it would cut 1 million barrels per day (bpd) beyond its share of OPEC+ cuts in February and March...

The surprise cuts by Saudi Arabia following the OPEC+ meeting have provided oil bulls with a major boost, sending Brent above $55.For Global...

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 9 to 360. The oil and gas rig count has ris...

Crude oil prices continued their climb on Friday, poised for a weekly gain of more than 6% as Saudi Arabia took decisive action to voluntari...

Extended lockdowns in response to the continuing surge in Covid-19 infections in Europe has quashed hopes that fuel demand on the continent...

Crude oil output from fields operated by Brazil's state energy major Petrobras hit a record last year despite the pandemic, at an average 2....

The coldest winter in China since 1966 has sent coal and gas prices soaring as power demand surges. Gas prices hit a three-year high, Bloomb...

Tesla (NASDAQ: TSLA) surpassed Facebook in terms of market value on Thursday, becoming the fifth most valuable company in the S&P 500 as its...

Natural gas seems to be locked in a range that prevents it from being truly economic across the demand cycle. As you can see from the graphi...

The last decade has been brutal for commodities, with the sector posting declines in 7 out of 10 years. Last year was not much better, merel...

Oil prices remained elevated and were still on the rise on Thursday, hitting an 11-month high, as the effects of Saudi Arabia’s surprise ann...

Abu Dhabi – the oil powerhouse at the centre of the U.S.’s pushback against increasing Chinese influence across the Middle East - last week...

Declining solar, wind, and battery technology costs are helping to grow the share of renewables in the world’s power mix to the point that g...

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to...

Five years ago, a handful of oil majors launched what they called the Oil and Gas Climate Initiative with the stated aim of accelerating the...

Major oil corporations steered clear of the first oil and gas lease sale in the Arctic National Wildlife Refuge (ANWR) in Alaska, which the...

Italian energy major, Eni, described 2020 as a “year of war”, regarding the energy crisis experienced in the face of a global pandemic. But...

Albemarle said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, to boost supply for the electric vehicl...