OILPRICE

It may be a lame duck session, but Donald Trump’s presidency is far from over, and neither is his trade war with China. Just a few days ago...

Venezuela’s oil exports doubled in November, data from PDVSA and Refinitiv Eikon showed on Wednesday. Venezuela’s crude oil exports were les...

India has announced its intention to resume oil imports from Iran and Venezuela, as part of its objective to diversify its oil suppliers.  I...

OPEC+ is making progress toward a deal that would lay out the plan for the group’s oil production in 2021. The official meeting has been del...

With China stocks looking increasingly attractive, and analysts urging investors to restructure their portfolios to be at least 20%, Chinese...

India would like to have more opportunities to work for diversifying its sources of crude, including by resuming oil imports from Venezuela...

Declining coal demand across several sectors, especially electricity generation, has led to a 28-percent slump in U.S. coal mining productiv...

Enbridge is starting construction on the Line 3 oil pipeline replacement in Minnesota after receiving all necessary approvals and permits, t...

Libya’s UN-recognized government said on Wednesday that an urgent meeting of all stakeholders involved had agreed to work toward unfreezing...

Mexico has made $2.5 billion from its 2020 oil hedge—the biggest hedge in the oil world. Bloomberg reported the news citing unnamed sources...

Crude oil prices hesitated today after the Energy Information Administration reported an oil inventory draw of 700,000 barrels for the week...

Since pharmaceutical companies started announcing vaccine breakthroughs three weeks ago, the oil market has seen the gloom from the soaring...

Morgan Stanley recently raised their rating on Tesla (NASDAQ:TSLA)  for the first time in 3 years. Two weeks later and the stock has already...

Oil demand isn’t going to see a bump from air travel demand anytime soon, or so the International Air Transport Association (IATA) said in a...

With multiple new technologies being introduced to the suffering oil and gas industry in 2020, 3D printing is the latest fad to gain tractio...

New Mexico was, until recently, a lucky state. Despite being one of the states with the weakest economies—and high unemployment—New Mexico h...

Turkey has halted survey for oil and gas in the Mediterranean and had its survey vessel back to a Turkish port, days before European Union l...

The economic and industrial turmoil created by the novel coronavirus pandemic will forever be associated with the year 2020, but its impact...

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 4.146 million barrels for the week ending Nov...

Western Europe’s largest oil producer, Norway, will be ending the government-imposed oil production cuts at the end of the year, the Ministr...

Oil prices fell on Tuesday morning as OPEC+ failed to reach an agreement regarding production cuts in 2021, with the three most influential...

The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil...

People who live close to oil refineries are at increased risk of cancer, a new study from the University of Texas Medical Branch (UTMB) has...

It’s undeniable that the global energy sector is trending toward decarbonization. Catalyzed by the rough blows that the novel coronavirus pa...

Venezuela boosted its crude oil exports nearly threefold in November to more than 500,000 barrels per day (bpd), including by hiding the tru...