Australia's ASX energy index experienced a significant 8% drop as concerns about economic growth and oil demand, fueled by ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are ...

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

ExxonMobil anticipates its first-quarter earnings to increase by up to $2 billion compared to the fourth quarter, driven by higher oil and gas prices and improved refining margins.

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

Trump’s sweeping tariffs and OPEC+’s surprise supply hike have rattled oil markets, raising concerns over demand and global ...

British Steel plans to begin consultations on closing its Scunthorpe blast furnaces after failing to reach a financial ...

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

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

Oil traders are increasingly avoiding chartering tankers built in China due to concerns over potential U.S. port fees, ...

Russia has accused Ukraine of launching "provocative" attacks on its energy infrastructure, threatening the agreed-upon ...