Despite current volatility, industry insiders and analysts suggest that unless the trade war causes long-term economic damage, U.S. shale output may hold steady or rebound ...

The European Union is exploring alternative legal strategies to extend sanctions against Russia amidst potential vetoes from Hungary, which could disrupt the required unanimous agreement among member ...

The International Energy Agency (IEA) has revised down its forecast for global oil supply growth this year, citing lower output from the United States due to falling prices and rising costs, and ...

The EU is exploring a procedural change to bypass Hungary's veto power in renewing sanctions on Russia, aiming to maintain pressure on Moscow.

Oil market participants are slowly but surely realigning their forecasts with the new reality of Trump's tariff policy and its impact on demand.

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish ...

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

The United States and Iran have agreed to continue high-level talks regarding Iran's nuclear program, signaling a potential ...

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

Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter ...

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

Economic forecasters are struggling to create accurate predictions due to the unpredictability of President Trump's tariff ...