Iran is claiming that a…
Besides its important geo-strategic location,…
India's steel imports have surged,…
Representatives of some of the biggest oil and gas companies operating in the North Sea on Thursday warned the UK’s Chancellor of the Exchequer Rishi Sunak that the new…
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to curb Americans' appetite for road trips this summer, analysts at…
Gold has started to trade within a range formed by swing lows and highs. A break above either range will clear up the overall direction. Without a “big…
Despite falling wholesale costs of petrol and diesel, prices are still going up at the pump as motoring groups call on fuel traders to offer consumers relief.
The Gazprom turbine that Siemens Energy took to a Canadian factory to repair and that Gazprom blamed for the reduced Nord Stream 1 flows is not coming back to Russia…
Energy Secretary Jennifer Granholm is meeting today with refiners for emergency talks amid excessively high fuel prices amid increasingly strained relations between the Biden administration and the oil industry.…
The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433 million barrels. It is the first…
U.S. President Joe Biden called on Congress today to suspend the federal gas tax for the next 90 days. “Today, I’m calling on Congress to suspend the federal gas tax…
The largest power generating company in India, state giant NTPC Ltd, could increase its coal-generation capacity as it prioritizes energy security after recent power outages. The coal phase-out plan must…
A draft of the final declaration for this week's European Union summit proposes candidate status for Ukraine and Moldova, a copy of the document seen by RFE/RL shows.…
The European Union should continue supporting Ukraine despite the lowered Russian gas deliveries to major EU customers and the economic toll from it, Elina Bardram, acting director for International Affairs…
Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19, according to data from seaborne oil…
A little over half of the respondents in a Rasmussen survey rated President Biden's handling of the U.S. economy as "poor," and they appear not to accept Biden's explanation…
President Biden is today expected to ask Congress to enact a gas tax holiday in his latest attempt to rein in retail fuel prices, Bloomberg reported, citing an unnamed…
Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian Energy Transition Minister Roberto Cingolani
Operable refining capacity in the United States hit a nearly decade low in 2022, the EIA’s latest Refining Capacity Report showed on Tuesday. U.S. refining capacity fell this year to…
Kuwait can increase its production to meet its July output quota, state-owned KPC chief executive Sheikh Nawaf Saud al-Sabah told the Bloomberg Qatar Economic Forum on Tuesday. Kuwait can also…
U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand of the past four Sundays, according…
Around $30 a barrel of war premium is baked into the current oil prices, according to Kuwait Petroleum Corporation (KPC), the state oil firm of one of OPEC’s top producers.…
Household energy bills will spike to over £3,000 per year next January, putting more pressure on cash-squeezed Brits in the coldest month of the year. Energy…