Energy

Oil prices dipped in early Asian trade on Tuesday after falling to a three-week low in the previous session on a strengthening U.S. dollar...

Crude oil imports to Asia for September declined from August amid refinery maintenance and higher prices. This was the second consecutive monthly dip in...

The Joe Biden administration will hold no offshore oil and gas lease sales next year and bring the total for the next five-year period...

Given China’s current importance for oil markets and the importance of oil for its economy, the implications of peak demand could be substantial. And...

Despite a sharp drop on Thursday, oil prices are set for another weekly gain as well as a monthly one driven by tight supply...

Saudi Arabia has signed a deal with Greece for the establishment of a jointly-owned company to link up the two countries’ power grids with...

Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep...

The American Petroleum Institute (API) has reported a build of 1.586 million barrels in U.S. crude inventories, compared to last week’s large 5.25-million-barrel draw. Analysts...

Despite the fact that U.S. oil producers are now deploying the lowest number of drilling rigs in more than a year and a half,...

Occidental Petroleum Corp. will not be increasing oil output, with its CEO saying that the recent surge in oil to above $90 per barrel...