Russia has significantly increased the volume of refining capacity expected to be idle in October by 67%, compared to previous…
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Oil traders play a critical role in the global energy sector. They are the professionals who facilitate the buying and…
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Despite a significant rise in renewable energy additions, the world remains off track to meet the goal of tripling renewable…
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The world oil supply is a complex system influenced by various countries, organizations, and market dynamics. Understanding who controls this…
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India’s Jindal Power Ltd has abandoned a significant agreement with Venezuela’s state-owned oil company, Petroleos de Venezuela (PdVSA), marking a…
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Crude oil prices declined today following a report from the U.S. Energy Information Administration (EIA) that revealed an inventory increase…
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Discussions about potential traffic disruptions in the Strait of Hormuz, a crucial oil shipping route, have resurfaced as traders and…
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Oil prices have increased by approximately 13% over an 11-day period, concluding on Monday. This surge follows escalating conflicts in…
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Treasurer Jim Chalmers has cautioned petrol station owners against taking advantage of motorists as global oil prices rise sharply due…
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The significant oil price rally that began last week, boosting prices by nearly $10 per barrel, has started to reverse.…