Crude oil prices fell as traders reacted to a fuel inventory build and Saudi Arabia’s deeper-than-expected price cuts for Asian buyers.

OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable ...

Russia’s liquid assets in the National Wealth Fund fell by nearly $6 billion in May due to declining oil revenues and lower ...

President Trump is invoking emergency powers under the Defense Production Act to rapidly expand domestic production and ...

PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

Japanese utilities are stockpiling LNG ahead of summer amid weak spring power demand, boosting inventories and easing global ...

The U.S. and allies are ramping up investments in Kurdistan and the south to counter Chinese, Russian, and Iranian ties ...

The United States and Mexico are deeply reliant on bilateral energy trade, which has significantly expanded, making their ...

TotalEnergies is deepening its presence in Brazil’s pre-salt offshore sector by acquiring an additional 3% in the Lapa oil ...

Indian Oil has recently finalized the cost for its green hydrogen plant in the Panipat Refinery & Petrochemical Complex, ...

Central Asian states have signed agreements to cooperate on managing water resources, particularly from the Bahri Tochik ...