OILPRICE

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes publis...

Oil continued its dive into Friday—Brent dropped below $66, WTI scraped $62—and if you’re thinking, hey, haven’t seen those levels since 202...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel fr...

U.S. natural gas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining...

A district court in Russia has ruled that the moorings of the main export terminal for Kazakhstan’s oil should all remain open, which will l...

Spain imported 59% higher volumes of crude oil from Venezuela in January and February compared to the same period of 2024, Spanish statistic...

WTI crude came under heavy selling pressure Thursday after the U.S. rolled out a sweeping tariff package that sparked immediate fears of slo...

BP chair Helge Lund has informed the board that he would be stepping down from the role “most likely during 2026,” as activist investor Elli...

Australia’s ASX energy index plummeted by 8% at close on Friday amid rising concerns about economic growth and oil demand in continued panic...

ExxonMobil expects its first-quarter earnings to be higher than in Q4 by up to $2 billion, thanks to higher oil and gas prices and rising re...

Goldman Sachs cut its oil price forecast for 2025 by 5.5% for Brent crude and by 4.3% for West Texas Intermediate citing OPEC+ decision to b...

Brookfield Infrastructure Partners has struck a deal to acquire Colonial Pipeline for about $9 billion including debt. The buyer expects the...

After a string of weekly gains, oil prices were sent tumbling this week following the announcement of tariffs that the United States will im...

The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLC—hardly a household name—to manage the St...

China’s biggest state-held energy firms are following the demand trends in the world’s top crude oil and natural gas importer. After decades...

These are big days for oilfield services (OFS) providers, and the awarding of a major drilling contract to U.S.-based giant SLB (NYSE:SLB) f...

As U.S. President Donald Trump looks increasingly likely to shift away from the Biden-era acceleration of renewable energy deployment in fav...

US Secretary of State Marco Rubio said the Trump administration is committed to remaining in the NATO and urged the military alliance's 32 m...

Oil market fundamentals support the OPEC+ decision to increase May’s crude oil production by three times more than what the group originally...

Gulf Cooperation Council (GCC) nations saw their bourses plunge on Thursday following U.S. President Donald Trump’s unveiling of sweeping ‘L...

Sir Keir Starmer has vowed to “keep a cool head” in the face of the “economic impact” of Donald Trump’s 10 per cent tariffs on UK exports to...

President Trump’s sweeping new tariffs are sending shockwaves through global markets, sparking concerns across industries—from tech to energ...

Via Metal Miner   Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces...

In a time of institutional upheaval and reappraisal The Trump administration, with help from the Supreme Court, is trying to weaken or aboli...

Western military leaders will discuss the possible deployment of troops to Ukraine who would monitor a potential cease-fire in the conflict...