Oil Price

Oil prices dropped on Thursday after two key developments: a ceasefire agreement between Israel and Hamas and a report showing…

Indonesia is considering importing affordable Russian crude oil after joining the BRICS group last week, provided it aligns with international…

The Permian Basin, located in West Texas and southeastern New Mexico, remains the leading oil and gas production area in…

Saudi Aramco, the world’s largest crude oil exporter, is set to announce a major investment push into lithium production on…

Guyana exported 225 cargoes of crude oil in 2024, according to the country’s Energy Minister, Vickram Bharrat. This marks a…

U.S. crude oil futures dropped in after-hours trading on Tuesday following a report from the American Petroleum Institute (API) indicating…

Crude oil futures rose on Wednesday morning following a report from the American Petroleum Institute (API) showing a decrease in…

Oil prices are expected to face downward pressure in the next two years as global production growth surpasses demand, according…

Kaja Kallas, the European Union’s foreign policy chief, is advocating for a reduction in the price cap on Russian oil.…

Germany’s oil-fired electricity generation has reached its highest level since at least 2017, while gas-powered generation also hit a two-year…