OILPRICE

TotalEnergies expects its first-quarter oil and gas production to have increased by almost 4% on the year to the high end of the quarterly g...

The average price of India’s crude oil imports fell to below $70 per barrel this month, for the first time since 2021, as international benc...

The European Union is looking for legal ways to tear long-term natural gas supply contracts with Russia’s Gazprom without having to pay siza...

Crude oil prices stabilized today, even regaining some lost ground earlier in the day as President Trump indicated he was open to more tarif...

Brazil’s oil industry watchdog has scheduled an auction for drilling rights in an area where environmental authorities have put up serious o...

The temperature in downtown Muscat over the weekend was 35 degrees Celsius, but for the swarms of high-level officials from the U.S. and Ira...

Two weeks ago, China announced a slew of countermeasures in retaliation against punitive tariffs by U.S. President Donald Trump, including e...

Is the Iraq-Türkiye Cooperation Set to Skyrocket? Iraq’s struggling oil and gas sectors may be on the verge of a breakthrough as cooperation...

West Texas Intermediate (WTI) crude prices dipped into the low $60 per barrel range following President Donald Trump’s sweeping tariffs anno...

The majority of small and medium-sized firms (SMEs) have sidelined net zero practices, according to a survey of around 500 business owners,...

The World Bank is under fire over allegations of impropriety in financing the Rogun Dam project in Tajikistan. Specifically, bank officials...

Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in a month, according to GasBuddy, dropping 8...

Nuclear talks in Oman marked the first formal engagement between Iran and the United States in years, and though progress may have been slig...

?OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected economic indicat...

The Office for Budget Responsibility (OBR), one of the UK’s central forecasters, prepared itself for President Trump’s tariff war – or at le...

Oil prices are sagging like a tired trampoline, and U.S. shale producers are feeling the bounce—just not in a good way. With WTI dancing aro...

Electric rate hike requests in Virginia don’t generally make the headlines globally, but the Financial Times featured a story about one: Dom...

Last week’s price crash, which saw Brent Crude prices dip below $60 per barre, was an excessive market reaction to the U.S. tariffs, with sp...

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-ter...

The Keystone oil pipeline, which was shut last week after a leak, is expected to resume service by Tuesday, April 15, or at least this is th...

Oil prices began the day with gains as US stock markets opened, driven by eased trade tensions and strong Chinese import data. OPEC revised...

BP has made an oil discovery in the deepwater U.S. Gulf of America 120 miles off the coast of Louisiana, the UK-based supermajor said on Mon...

Chinese crude oil imports topped 12 million barrels per day (bpd) in March, the highest volume since August 2023, as flows of Iranian and Ru...

Weak demand and domestic prices at four-year lows led to a 6% annual decline in Chinese coal imports in March, according to official data. L...

G7 and the UK are discussing a reduction of the price cap they imposed on Russian oil exports in a bid to hurt the country’s oil revenues. T...