OILPRICE

Analysts at Barclays have downgraded the energy services sector on Wednesday, giving it a Neutral rating from Positive amid a bearish oil ma...

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 900,000 barrels for t...

Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI)...

Germany’s natural gas demand rose by 3.3% in 2024, due to lower prices compared to last year, preliminary estimates by the association of th...

Global coal demand has surged to another record high this year, the International Energy Agency (IEA) said on Wednesday, expecting the world...

Oil demand growth next year is likely to be in line with this year’s tepid increase and the slower pace of growth compared to 2022 and 2023...

The Islamic Revolutionary Guard Corps (IRGC), Iran’s most powerful armed force defending the regime, has increased their influence over Iran...

The UK windfall tax on North Sea oil and gas operators has made economics in the basin impossible for companies to invest, according to Bria...

QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade....

A third Russian tanker has reported it has been damaged after two other oil carriers spilled oil in the Black Sea after incurring damage fro...

The Biden presidency was not the best of times for U.S.-Saudi relations. After Biden declared Saudi Arabia a pariah state and signaled a com...

Rising non-OPEC+ production and only modest growth in global oil demand will leave the market well-supplied next year, analysts say, as they...

European natural gas futures rebounded to over €41.5 per megawatt-hour on Tuesday, up from the over one-month low of €39.5 they touched on M...

As the new year approaches and the book on an eventful year in the energy world closes, 2025 looks set to bring more volatility, geopolitica...

Crude oil inventories in the United fell by 4.7 million barrels for the week ending December 6, according to The American Petroleum Institut...

China has transformed itself from a minor player in the auto industry two decades ago to the world leader in car production and exports, par...

The 2024 hurricane season was relentless, and it took U.S. energy infrastructure along for the ride. Above-average storm activity—18 named s...

The UN climate conference, COP29, held in Baku in November garnered plenty of global attention. But another, lower-profile UN-sponsored COP,...

  Last week, China imposed export bans on antimony, gallium, and germanium—all of which are listed on China’s dual-use export control list....

Normally, the week leading up to the winter holiday in the European Union is the busiest, with thorny decisions to be made before the year e...

Sometimes, no deal is better than a bad one—or so Kosmos Energy seems to think. The U.S. oil and gas firm abruptly called it quits on its po...

Previously, U.S. President-elect Donald Trump threatened to impose 25% tariffs on all imports from Canada and Mexico for failure to clamp do...

India’s second-largest fuel retailer, Bharat Petroleum Corporation Limited (BPCL), plans to raise its refining capacity by 10 million tons p...

Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at the Baltic port of Primorsk, press...

Spare oil production capacity at the highest quartile in history is weighing on Brent crude prices, and time spreads have looked undervalued...