News

India’s Jindal Power Ltd has abandoned a significant agreement with Venezuela’s state-owned oil company, Petroleos de Venezuela (PdVSA), marking a…

Treasurer Jim Chalmers has cautioned petrol station owners against taking advantage of motorists as global oil prices rise sharply due…

The significant oil price rally that began last week, boosting prices by nearly $10 per barrel, has started to reverse.…

Low natural gas prices, hotter summer weather, and increased power generation capacity led to a record high in U.S. natural…

Crude oil futures declined by more than 4% on Tuesday as the market paused following a recent rally driven by…

Oil prices dropped more than 4% early Tuesday as traders remained cautious. They are not seeing any actual supply disruptions…

Oil prices fell sharply on Tuesday, dropping over 4% following reports of a possible ceasefire between Hezbollah and Israel. However,…

Ukraine announced that it successfully targeted a major oil terminal in Crimea during an overnight drone and missile operation. The…

Libya’s crude oil and condensate production has climbed to 1,133,133 barrels per day (bpd), according to the National Oil Corporation…

U.S. oil prices surged past $75 per barrel on Monday, marking a significant technical milestone and approaching August highs. This…