OILPRICE

BP Plc’s (NYSE:BP) subsidiary BP Trinidad and Tobago (“BPTT”) signed a production-sharing agreement with Trinidad last week for the giant Cy...

China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China. China is the world'...

Shares of the 11 companies that operate under giant Indian industrial conglomerate Adani Group, soared on Wednesday, a week after Gautam Ada...

The price of petrol and diesel in the UK fell between June and October 2024 but the margin retailers are making from each visit to the pump...

Canada’s Oil Industry Roils from Trump’s Tariff Threat - Canada’s oil industry has been disconcerted and confused after US president-elect D...

Crude oil markets faced significant volatility this week, shaped by shifting geopolitical landscapes, evolving supply-demand balances, and k...

U.S. businessmen are quietly lobbying President-elect Donald Trump to drop the ‘maximum pressure campaign’ on Venezuela in his second term i...

Private Chinese refiners, who buy most of Iran’s crude, have recently scoured West Africa and the Middle East for supply unsold in previous...

The OPEC+ group has decided to move the meeting on its near-term oil production plans to December 5 from December 1, due to a scheduling con...

Despite expected higher arrivals in November, Asia’s crude oil imports are on track to decline this year compared to 2023, confirming market...

Crude oil prices started trade with a dip today, following the U.S. Energy Information Administration’s weekly report, which showed a sizabl...

Money managers have piled up bullish bets on U.S. gasoline futures as seasonal inventories have dropped over the past two months to lower le...

Earlier in the year, energy analytics firm Wood Mackenzie predicted that a second Trump presidency could place a huge part of renewable ener...

The 29th Conference of the Parties for Climate Change, commonly known as COP29, ended with outrage and dismay—emotions demonstrated by devel...

zerbaijan endured lots of criticism during COP29. Environmentalists accused the host nation of trying to use COP29 as a “greenwashing” exerc...

The automotive industry “urgently” needs government-backed incentives to improve customer uptake of electric vehicles (EVs) or the UK faces...

The FBI has been investigating a longtime Exxon Mobil (NYSE:XOM) consultant over the contractor's alleged role in a hack-and-leak operation...

A cease-fire deal has ended over a year of fighting between Israel and Hezbollah, the Lebanese armed group and political party. The U.S.-bro...

China’s large industrial firms reported a 10 % Y/Y decline in profits in October, with the property and retail sectors hit the hardest, the...

The UK government is set to review electric vehicle (EV) sales rules through a "fast track" consultation, following pressure from carmakers...

The military regime in Mali has arrested four senior employees of a Canadian mining company as it continues to detain workers to pressure co...

Abu Dhabi’s oil company ADNOC is launching a new firm, XRG, which will be an international lower-carbon energy and chemicals investment comp...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory draw of 1.8 million barrels for...

Following the end of autumn maintenance season at refineries, Russia’s shipments of refined petroleum products have surged so far in Novembe...

The ongoing OPEC+ oil production cuts and the improved compliance with quotas from some producers are supporting Brent Crude, offering a mod...