OILPRICE

Crude oil traders are buying more oil futures after a year of overwhelmingly negative attitudes toward the price of the commodity. The big r...

The early winter cold snaps prompted Europe to boost its liquefied natural gas imports to a near one-year high in December, with arrivals of...

China's foreign ministry says that it’s not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east...

The S&P 500 closed out 2024 with a total return of 23.3%, building on its 24.2% gain in 2023. Despite a weaker finish to the year, the index...

Eight in ten people agree that the average global temperature will increase in 2025, according to an Ipsos survey of more than 23,700 people...

After a long search to line up financing, officials from China, Kyrgyzstan and Uzbekistan have signed an investment agreement to build a rai...

Pakistani warplanes bombed a village in the country’s northwest in the fall of 2007, killing around 50 people. The air strikes occurred in t...

Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by "a cou...

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) remained sideways with a slight downside bias, falling 1.49% from December to Janu...

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) on Tuesday has announced a conditional commitment for a loan guarantee of u...

Abu Dhabi’s national oil company ADNOC continues to expand its global footprint in both upstream and downstream sectors. ADNOC Logistics and...

Strong European demand for Guyana’s crude pushed the oil exports of the South American country soaring by 54% last year, with Europe account...

Crude oil prices were flat on the day, after the U.S. Energy Information Administration reported an estimated inventory draw of 1 million ba...

India’s largest exploration and production firm, state-held Oil and Natural Gas Corporation Limited (ONGC) has hired supermajor BP to be the...

Germany's largest automaker has recorded sliding profitability, with its China unit under pressure as demand for luxury automobiles wanes. S...

Due to a hike in import tariffs, Chinese imports of fuel oil are set to slow at the start of the year, which could further weigh on the refi...

Shell expects its LNG production and trading and oil trading businesses to book significantly lower results for the fourth quarter of 2024,...

Weakening economic growth in the second half of the year slowed the increase in India’s electricity generation in 2024 to the slowest pace s...

Incoming U.S. President Donald Trump is not ruling out military or tariff pressure to achieve his plans to acquire control over the Panama C...

The state of Alaska is suing the Biden Administration over the federal government’s decision to severely restrict acreage in an upcoming oil...

Exxon expects to book a weaker profit for the fourth quarter of 2024 because of lower refining margins, the company said in an SEC filing th...

Crude oil prices moved higher today, after the release of production data from OPEC and Russia, showing both declined in December. An additi...

Last month, we reported yet another perovskite breaththrough as solar panels continue making impressive efficiency gains. To wit, Hanwha Qce...

Two years ago, West Texas Intermediate, the U.S. benchmark crude blend, joined the most traded, most liquid contract in the world: Brent. Th...

Ah, Europe and its perennial energy conundrums. Just when you thought it was safe to turn up the thermostat, the specter of gas shortages on...