OILPRICE

Transitioning the global economy away from oil is a heroic task. Oil is embedded in the way nearly every major industry functions, for bette...

The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 4.022 million barrels for the week ending...

The global energy landscape is undergoing a profound transformation. The oil and gas sector continues to play a dominant role in the energy...

President-elect Donald Trump wasted no time declaring his intentions to overturn outgoing President Joe Biden’s ban on offshore oil and gas...

The Moldovan government on January 6 said it would provide natural gas to 14 localities in the Moscow-backed Transdniester breakaway region...

Nuclear power accounts for 19% of electricity generation in the U.S. This graphic, via Visual Capitalist's Bruno Venditti, illustrates the t...

Speaking at the Goldman Sachs Energy, CleanTech, and Utilities Conference in Miami, Hess CEO John Hess shared his perspective on the oil mar...

Via Metal Miner   The Rare Earths MMI (Monthly Metals Index) displayed bearish sentiment as it entered 2025, dropping by 3.08%. Weak Chinese...

Dar Petroleum Operating Company (DPOC), the largest oil operator in South Sudan, will resume oil production on Wednesday after Sudan lifted...

U.S. President-elect Donald Trump has weighed in on the UK’s energy policy to hike the windfall tax on North Sea oil and gas operators and b...

Incoming U.S. President Donald Trump is considering issuing an executive order to save natural gas-powered appliances from federal, state, a...

Wind power overtook natural gas to become – for the first time ever – the UK’s largest source of electricity generation for a full year, the...

The US dollar lost further ground as global reserve currency among many reserve currencies held by central banks. Its share has been zigzagg...

Shandong Port Group, operator of key oil ports used by China’s independent refiners, has prohibited access and services to tankers sanctione...

Russian crude oil production fell in December to below Moscow’s output cap under the OPEC+ agreement, anonymous sources with knowledge of Ru...

Weaker oil demand growth in key consuming regions and reshuffled trade routes resulted in 2024 in the first decline in the world’s crude oil...

Canada’s Suncor Energy saw its oil production hit a record high in 2024, exceeding the high end of the company’s own forecast range, amid in...

Exxon has filed a suit against California Attorney General Rob Bonta and a group of environmental organizations alleging defamation and disp...

Alberta’s government has partnered with energy infrastructure major Enbridge to boost the province’s pipeline capacity, focusing on reducing...

China’s state oil major CNOOC and shipping line Cosco were added to a military blacklist compiled by the United States for ties between Chin...

Last month, antimony prices soared 40% in a matter of days after China banned exports to the United States of several critical minerals. Chi...

The debate about whether nuclear energy has a place in a net-zero energy system has been heating up recently. Oblivious to that debate, larg...

Europe’s vast natural gas inventories are currently depleting at the fastest clip since 2018 as cold weather ramps up heating needs. Accordi...

As the world enters 2025, the critical issue we are facing is Peak Crude Oil, relative to population. Crude oil has fallen from as much as ....

Russian-appointed officials have declared an emergency after oil was detected on the shores of Sevastopol. Three weeks ago, two tankers plyi...