OILPRICE

Election Day has finally arrived. Who will win, and why gold will remain the biggest winner of them all? So, today is the day! It's Election...

The American Petroleum Institute (API) reported on Tuesday a major draw in crude oil inventories of 8.01 million barrels for the week ending...

A 386,000-barrel-per-day (bpd) cut in Saudi Arabia’s crude oil shipments kept total seaborne exports of the OPEC+ group stable in October co...

The popularity of light sweet crude oil among refiners is growing at a solid clip. The ongoing push to combat climate change and ever strict...

China plans to further increase oil and gas exploration and accelerate the construction of more oil and gas storage infrastructure, state ne...

Iraq exported an average of 2.876 million bpd last month, up by more than 200,000 bpd from September, data from the oil ministry showed, as...

Expectedly, the crash in oil demand and prices has crushed oil and gas stocks to the point of making the energy industry the worst-performin...

As the world tunes in to the U.S. election, oil markets are actually more interested in COVID developments and OPEC+ promises Chart of the W...

The main oil benchmarks fell below $40 a barrel again this week as clouds gathered over the outlook for demand and supply amid a surge in Co...

The low oil prices and the record OPEC+ production cuts are set to nearly halve the net oil export revenues of OPEC members this year compar...

Oil and gas producer Qatar will base its budget on an oil price of $40 a barrel—lower than the actual expected price—in order to protect its...

Oil prices jumped early on Tuesday, with Brent back above the $40 a barrel mark, supported by a rally in financial markets and a weaker U.S....

Oil prices fell sharply last week, but the U.S. stock market managed to snap a four-day losing streak after President Trump promised that Co...

Things are not looking good for coal. The notoriously dirty fossil fuel was once the powerhouse of the world, but it’s fallen out of favor t...

Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got...

The top executives of Russia’s oil companies discussed on Monday the future of the OPEC+ deal with Russian Energy Minister Alexander Novak,...

The administration of Argentina’s President Alberto Fernández is growing increasingly desperate to restart the burgeoning oil boom which was...

The prospect of a 2nd coronavirus wave and consequent demand slump is putting substantial downward pressure on crudes in Europe. Differentia...

Global oil demand will peak at 102 million barrels per day (bpd) in 2028, Rystad Energy said on Monday, noting that the push to low-carbon e...

Crude oil last week dived below $40 as the resurgence of Covid-19 cases in Europe prompted new national lockdowns in France and Germany—so f...

Within less than 12 months Bolivia has managed to come full circle. First Evo Morales resigned as President of Bolivia in November 2019 amid...

Non-OPEC oil producer Oman, which is part of the OPEC+ alliance, could become the first country in the Gulf Cooperation Council (GCC) to int...

Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking act...

Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in ju...

Russia’s Energy Minister Alexander Novak is meeting with executives of Russia’s oil companies on Monday to discuss the OPEC+ production cut...