OILPRICE

A terrorist attack set ablaze two oil wells at a small oilfield in northern Iraq on Wednesday, but total production at the 25,000-bpd field...

The Energy Information Administration reported today a massive crude oil inventory build of 15.189 million barrels for the week to December...

You may have heard about the “internet-of-things”...It’s all around us. From your smartphone to any number of connected devices you may have...

Russia has signaled it may be starting to prepare for a permanent decline in crude oil demand over the long term, even after the devastating...

Searching for potentially rewarding oil and gas stocks during the ongoing energy crisis can very much feel like dumpster diving.  The energy...

Earlier this month, car giant Porsche announced that it was investing $24 million in the development of e-fuels to use in its sports cars. T...

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.141 million barrels for the week ending Dec...

The major North American pipeline operators Kinder Morgan and Enbridge issued upbeat updates to the market on Tuesday, planning higher divid...

Denmark’s announcement that it would stop offering exploration licenses came down on the European oil and gas sector like a bolt from the bl...

Angola is set to cut 261,000 barrels per day (bpd) from its reference 2018 oil production in January as part of the OPEC+ pact, setting its...

Gasoline demand hit a 20 year low over the Thanksgiving holiday, down 8.4% from the week before and the decline is showing no sign of shoppi...

Tesla (NASDAQ: TSLA) plans to raise up to $5 billion in its third share sale this year as the EV maker looks to capitalize on the surge in i...

The Regional Comprehensive Economic Partnership that 15 Asian nations signed last month will place South Korea and Japan in a more favorable...

After rallying in the last few weeks, oil prices were down for a second consecutive day early on Tuesday as tightened restrictions in the U....

The UAE’s biggest oil company, ADNOC, has told some buyers it will reduce shipments for January, Reuters has reported, citing sources in the...

Major energy importer India and one of the world’s top liquefied natural gas (LNG) exporters, Qatar, agreed on Tuesday to create a special t...

China’s record-high imports from earlier this year continued to slow down last month along with other commodity imports, as demand growth sl...

The oil markets have staged a dramatic rally since early November, with WTI breaking out of a range between the high $30’s and low $40’s for...

The UK now has its first charging station for electric vehicles only after Gridserve put into service on Sunday, the first of 100 planned su...

California's imports were the largest in the United States last year when 25 percent of California's total electricity supply was imported,...

Now that Bahrain is part of the new U.S.-Israel-Middle East corridor of co-operation that is being developed from the U.S. (and Israel), thr...

BP has said it will invest heavily in Middle Eastern oil and natural-gas fields going into 2021. Despite pledging its transition to renewabl...

China is on a quest for world domination. Beijing has been making assertive moves into global energy markets for a while now, stepping into...

Oil prices are set for a volatile start to the new year, as the next OPEC+ group meeting on production policy is expected to be set for the...

Oil prices sank over 1% on Monday, erasing the positive sentiment that the market boasted last week after OPEC+ agreed on a plan for January...