OILPRICE

The short-cover rally Goldman analysts forecasted early last week in Chinese iron ore prices has completely reversed. After all, analysts fr...

Natural gas demand in the EU and UK rose in July compared to June, but inventories increased at a faster clip as Europe is moving to stockpi...

The value of Russia’s crude oil exports has plummeted by nearly 30% since the end of June as falling international benchmark prices are depr...

India will not change its energy policy to buy oil and gas at the lowest possible price and will continue to purchase cheaper Russian crude...

The Biden Administration is undermining U.S. energy security and global climate efforts by seeking to halt LNG export permitting and lacking...

India will drive up to 35% of global energy demand growth over the next 20 years, petroleum minister Hardeep Puri said at the Gastech confer...

Israel’s intelligence service planted explosives in several thousand pagers that Hezbollah had ordered from Taiwan, Reuters has reported in...

Fresh data coming in has revealed that Canada's newly expanded Trans Mountain pipeline (aka TMX) is indeed delivering on its promise to dive...

Production from new oil fields in the Gulf of Mexico will help the region avoid a decline in output due to natural depletion this year and n...

The world’s biggest oil and gas firms are pouring billions of U.S. dollars into projects to produce low-carbon ammonia, a chemical critical...

Crude oil inventories in the United States rose by 1.96 million barrels for the week ending September 13, according to The American Petroleu...

The United States is vying to become competitive in global lithium production as demand picks up for the “critical mineral”. Although a comm...

Fed chair Jerome Powell has signaled that interest rate cuts are on the horizon, amid a cooling labor market marked by fewer job additions a...

Itay will no longer grant concessions for oil and condensate exploration and production, a draft of a new government decree shows. The decre...

The UK’s fourth-largest energy supplier, OVO, has agreed to a £2.37m settlement following a regulatory investigation by Ofgem. The energy wa...

Spain is an established green energy leader in Europe, with its significant wind and solar generation capacity giving renewable power genera...

The Dutch government is stepping in again to support TenneT, the state-owned grid operator, with a new supplementary €19 billion bridge loan...

The European Union's Operation Aspides naval force began an urgent salvage operation to tow the burning oil tanker Sounion in the southern R...

OFS Technologies, the company created after buying out the assets of Baker Hughes in Russia in 2022, is currently working to boost its inven...

Power prices in France turned negative for hours on Tuesday morning amid tepid demand in a struggling economy and increased renewables gener...

Hedge funds and other asset managers have never been more pessimistic about the outlook for petroleum prices, as signs multiply that the maj...

Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to...

The price of the U.S. WTI crude oil has finally stayed in the low $70s per barrel for a sustainable period of time, allowing the Biden Admin...

Slumping refining margins amid tepid fuel demand in China have already claimed victims among the refineries in the Shandong province, where...

Taxation in various major oil-consuming countries is a significantly more important factor in determining prices at the pump than generally...