News

Iran is now offering its crude oil to independent refiners in China at smaller discounts compared to Brent crude prices.…

Kazakhstan has long been viewed as a “rogue” member of OPEC+. The country frequently produces more oil than allowed by…

Oil prices are climbing due to increasing geopolitical tensions in the Middle East. Recent events, such as Israeli strikes on…

The spot gold price has slipped back toward the previous highs of around $2,600. This marks the first significant decline…

Russia has significantly increased the volume of refining capacity expected to be idle in October by 67%, compared to previous…

Despite a significant rise in renewable energy additions, the world remains off track to meet the goal of tripling renewable…

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…