Charles is a writer for Oilprice.com
Investors should use the divergence in the performance of oil stocks and crude oil so far this year to sell energy stocks in the near…
Looking to take advantage of export demand and refining margins to offset weak domestic consumption, Chinese refiners could export a record-high volume of transportation fuels…
Germany’s new floating LNG terminal in Lubmin has been delayed by several weeks, according to Der Spiegel magazine. The new floating LNG terminal was expected…
Commodity trader Trafigura booked a record profit for the financial year that ended September 30 in an unprecedented energy market volatility after the Russian invasion…
With the plunge in Russian pipeline gas deliveries, Europe will need “huge volumes” of LNG next year, commodity trader Trafigura said on Thursday, adding it…
Chinese mining companies are controlling day-to-day cobalt operations in the Democratic Republic of the Congo remotely, a new paper authored by employees of one of…
Greek shipowners are not worried about a possible fallout for them from the G7 and EU price cap on Russian crude oil, French Liberacion reported,…
A huge shortage of copper is looming, mining and commodities giant Glencore said in an investor update this week, reiterating warnings from other industry players…
Saudi Energy Minister Prince Abdulaziz bin Salman said on Wednesday that Saudi Arabia will remain a trusted and reliable energy partner for China, state news…
The European Commission proposed on Wednesday stricter rules on the EU commodity derivatives markets, after the spike in prices led to liquidity issues at some…
A U.S. judge has dismissed a case against the Saudi Crown Prince Mohammed bin Salman on the grounds that he has been granted immunity from…
Most European energy systems will be put to their toughest test yet this winter as an Arctic blast with freezing temperatures is set to drive…
California legislators have tabled a bill aimed at extracting more money from oil companies who they blame for excessive gasoline prices in the state, local…
Chevron will officially assume control of an oil project in Venezuela this week, Bloomberg has reported, citing unnamed sources. The supermajor will process heavy crude…
Saudi Arabia has cut the price of the crude it will sell to Asia in January to a 10-month low versus the regional benchmarks which…
Russia has agreed to supply crude oil, diesel, and gasoline to Pakistan at discounts, Pakistan’s Minister of State for Petroleum, Musadik Malik, said on Monday.…
Crude oil prices climbed on Monday morning as Chinese cities continue to relax Covid restrictions now in their third year under the government’s zero-Covid policy.…
Lukoil, which owns a large refinery in Sicily in Italy, said on Friday that it is ready to ensure continued operations at the site after…
Poland’s recent actions on the oil and gas market are “theater of the absurd,” Russian Deputy Prime Minister Alexander Novak said on Friday, commenting on…
The U.S. Biden Administration is mulling a complete revamp of the nearly two-decades-old biofuels mandate, according to Bloomberg. The EPA will issue an official proposal…