OILPRICE

Vaccine progress or not, the market is riveted with OPEC actions. And that is because the industry is well aware that even the most promisin...

China is the world's largest consumer of coal and the largest emitter of greenhouse gasses. With that in mind, Beijing’s recent announcement...

More refineries in Europe are at risk of permanent closures, with fuel demand on the continent falling again as major economies re-imposed l...

Oil prices are set to rebound in 2021 as optimism grows around a COVID vaccine and OPEC looks to extend its production cuts. For Global Ener...

Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 5 to 231, ending eight weeks of increases to oil ri...

The growth in electric vehicle adoption, especially in emerging markets, could threaten long-term oil demand growth, Carbon Tracker has repo...

Crude oil demand is likely to rebound next year following the promising news about a vaccine against the novel coronavirus, according to Fit...

Russia and Saudi Arabia are vying for the top spot among crude oil suppliers to China, with Russia currently in the lead, but Saudi Arabia i...

State giants China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) are interested in buying ExxonM...

Anonymous UAE officials claimed earlier in the week that the country was considering breaking away from OPEC, citing the difficulties it is...

Big Oil has been frequently lambasted for trying to burnish its green credentials through half-hearted investments in renewables. That might...

Despite the rise in electric vehicle (EV) sales and the growing number of their devoted fans, electric carmakers continue to experience grow...

Arab Gulf oil producers are losing billions of U.S. dollars from oil revenues this year due to the pandemic that crippled oil demand and oil...

While oil demand in Europe and the United States continues to disappoint, refiners in Asia are racing to procure crude from around the world...

In recent weeks, there have been some wild swings and speculation in the oil market. The two most influential developments have been Joe Bid...

Energy giant SSE today said that profit before tax had fallen a quarter in the first half of the year due to the coronavirus pandemic. The F...

Small, independent oil producers are seeing the potential for growth over the next decade as major energy companies look to invest in renewa...

The MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the wor...

While the OPEC+ group considers extending the production cuts for three months, oil output in Libya continues to increase and has returned t...

Fuel shortages in Venezuela are so bad amid the deepening crisis at its state oil firm that Venezuelans are stealing crude oil from idle oil...

Gold prices are expected to break out of the current narrow trading range and soar through 2021 as the coronavirus recession gives way to hi...

Cannabis stocks are witnessing the dawn of their second boom in the aftermath of Joe Biden’s presidential victory, and we’ve only just seen...

While many Gulf nations were already working to diversify their economies prior to the coronavirus pandemic, the subsequent economic downtur...

A Chinese energy giant has bought the biggest independent producer of renewable energy in Mexico, giving the industry a vote of confidence e...

Last week’s news of an effective Pfizer vaccine in the final stages of development lifted oil prices, with the U.S. benchmark WTI Crude retu...