OILPRICE

After last week’s deal on the leadership of the Central Bank, Libya is set to resume crude oil production on October 1, Italian news agency...

The International Court of Justice (ICJ) in The Hague on Monday began hearings in a dispute between OPEC’s African members Equatorial Guinea...

Despite the geopolitical risk premium, oil prices are set to remain under pressure, weighed down by slower-than-expected demand and uncertai...

Petroleum product exports from India have soared to the highest level in two and a half years as maintenance season in Europe is stoking dem...

Oil prices have already factored in the geopolitical premium from the Middle East tensions and recent price volatility is set to ease in com...

The European Union’s joint natural gas purchase mechanism, AggregateEU, has not turned into a game-changer for Europe’s gas market or supply...

Israel has carried out air strikes on targets in Yemen and has also killed the leader of Hamas in Lebanon in the latest escalation in the Mi...

Singapore’s former biggest oil trader Lim Oon Kuin and his heirs have received a bill for $3.5 billion to settle with the liquidators of Lim...

Worry about oil supply disruption in the Middle East pushed Brent crude and West Texas Intermediate higher earlier today in Asian trade, as...

Activity in the U.S. oil and gas sector slowed down in the third quarter, potentially settling an unofficial debate about the industry: can...

Solar-powered heating systems are becoming more popular as governments encourage a transition away from fossil fuels to renewable alternativ...

In the latest grim uptick of Russia's nuclear weapons policy, President Vladimir Putin suggested on September 25 that the Kremlin could use...

Costs and access to the grid are the main hurdles U.S. oil drillers and producers face as they seek to electrify operations, the latest Dall...

Several countries around the globe are investing heavily in the extraction of lithium to support battery production for electric vehicles (E...

Rail freight is the backbone of U.S. infrastructure, moving millions of tons of various materials and linking the nation’s numerous ports an...

Despite ambitious promises of an accelerated green transition from the government, the U.S. is still experiencing extremely elevated levels...

Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4...

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...

Crude prices are seeing a sharp rise today, with WTI trading at $68.52 per barrel, up 1.26%, and Brent crude at $72.27 per barrel, up 0.94%....

The benchmark crude prices at Houston have seen increased trading volumes as the rise in U.S. crude oil exports out of the Gulf Coast is mak...

Indian refiners are expected to raise their total refining capacity by up to 800,000 barrels per day (bpd) by the end of the fiscal 2030 yea...

Fear of an oversupply of oil on the back of reports that Saudi Arabia is considering returning to its strategy of pursuing market share rath...

Politics, Geopolitics & Conflict Libya remains gridlocked this week, with a UN-mediated agreement between the rival sides on the appointing...

Crude Oil Weekly Recap: Key Events Driving Price Movements This week, light crude oil (WTI) prices experienced notable volatility, shaped by...

Mexico’s oil firm Pemex saw its oil production decline by 6% in August compared to August 2023 as outgoing Mexican President Andres Manuel L...