News

Crude oil prices are on track for another decline this week as ongoing concerns about demand push traders to sell…

BP has acquired a 15% stake in a Chinese company focused on developing sustainable aviation fuel (SAF), an alternative to…

The expansion of the Trans Mountain pipeline (TMX) was eagerly anticipated by U.S. West Coast refiners. The pipeline, which was…

Shares of Occidental Petroleum have fallen below $56, leading to speculation about whether Warren Buffett’s Berkshire Hathaway will intervene, as…

August 22 (Reuters) – Oil prices continued their decline for the fifth straight session on Thursday, driven by worries about…

Baku, August 22, AZERTAC The price of a barrel of Azeri Light crude oil rose by $0.17, or 0.21%, reaching…

HOUSTON, Aug 21 (Reuters) – Oil prices fell by $1 per barrel on Wednesday following a significant downward revision of…

Ghana has officially launched the construction of a $12 billion petroleum hub, a project that aims to boost the country’s…

Two decades ago, China introduced the “Angola model,” offering oil-backed loans to Angola and other African countries for infrastructure projects…

Oil markets have shifted to a bearish outlook following U.S. Secretary of State Antony Blinken’s announcement that Israeli Prime Minister…