Half of Russia's crude is…
Oil demand growth is set…
Aluminum prices fell significantly in…
After Russia’s invasion of Ukraine and the subsequent sanctions, the race is on around the world to find new sources of lithium. The prospect of running out of…
Two of the biggest sectors in the decarbonization game are teaming up to revolutionize clean energy. Electric cars have the ability to kill two climate action birds with…
The Strategic Petroleum Reserve release in the United States—a large one designed to release a million barrels per day from storage into the commercial markets—is creating a bit of a…
Amid robust demand for U.S. LNG, one of the biggest liquefaction facilities on the Gulf Coast, Freeport LNG, will be out of commission for at least three weeks following an…
Russia’s crude oil output could decline by 18 percent by the end of next year, the U.S. Energy Information Administration has forecast, citing the European Union’s planned embargo on Russian…
When news broke last week that President Biden was planning a Middle East visit that would include Saudi Arabia, many an industry observer saw in this signs of…
Europe could be forced to start rationing energy this winter, starting with industrial uses of natural gas, especially if the winter is cold and China’s economy rebounds, the Executive Director…
For the first time in history, U.S. motorists are facing the specter of forking over $5 for a gallon of regular gas. Gas prices have more than doubled…
The EU's embargo on 90 percent of all its oil imports from Russia by the end of the year made most headlines last week after the bloc reached…
Back in the 1970s, Arab oil embargoes caused short-term pain for the West due to rising crude prices. However, it also spurred a drive for fuel efficiency that…
After two years of regular oil discoveries in Guyana, it seems its deep waters may hold even more crude, adding to its reputation as the next big oil-producing…
Turkish Foreign Minister Mevlut Cavusoglu says a meeting with his Russian counterpart, Sergei Lavrov, has made progress toward accepting a plan that would restart Ukrainian grain shipments from…
Crude oil prices moved lower today after the Energy Information Administration reported a crude oil inventory build of 2 million barrels for the week to June 3. This…
The OPEC+ group is currently pumping 2.6 million barrels per day (bpd) of oil below its target, and efforts to boost output per the monthly plans are "not encouraging," the…
Crude oil prices have eased past $120/bbl to their highest levels in three months after Saudi Arabia raised the official selling price of…
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Rising costs and sanctions on Russia have lowered the profitability of oil exports for Kazakhstan’s state oil and gas firm KazMunayGas, which has been forced to accept discounts on its…
Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s…
The biggest reshuffle of oil trade flows since the Arab oil embargo of the 1970s is underway—and things may never return to normal. The Russian invasion…
The ban by the European Union (E.U.) on Russian oil imports by sea, in the first instance, is likely to affect around 75 percent of Russia’s crude oil…