Charles is a writer for Oilprice.com
Iraq has been saying it wants to produce more oil and gas for a while now but turning stated ambitions into reality has taken a…
The United States on Friday imposed a new series of sanctions against Russian banks, key industries, and individuals, as well as third-country persons believed to…
Europe is on track to import this month the highest volumes of diesel from the Middle East and Asia in seven years as the EU…
After plunging for six straight sessions on economic growth concerns, oil prices have now gained over 2% on the back of indications that gasoline demand…
The United Arab Emirates’ state oil and gas major, ADNOC, has said it expects to raise some $2 billion from the listing of its gas…
Exxon has warned that it is vulnerable to disruptions at its Kazakh oil operations because of the export infrastructure that passes through Russia. In case…
Russia will slash crude exports from western ports by one-quarter in March and April, expanding the 500,000 barrel-per-day cuts it announced for next month in…
Official minutes of the Feb 1st Federal Open Market Committee have been released, showing that a majority of Federal Reserve officials had agreed to slow…
Equity markets in the Middle East opened lower on Wednesday and were in the red in the afternoon as the U.S. dollar rose and oil…
The head of Wagner Yevgeni Prigozhin has accused the Russian Defense Ministry of treason for failing to supply Wagner fighters in Ukraine with munitions, the…
On Tuesday, United Airlines launched a $100-million investment vehicle to support start-ups developing and exploring the production of sustainable aviation fuel in an effort to…
Iran will raise the price at which it sells crude oil to Asia next month, Reuters has reported, citing an unnamed source. According to the…
Russia has repeated a call on Sweden to share its findings from an investigation into the blasts that put the Nord Stream 1 pipeline out…
Monday’s meeting of European Union foreign ministers failed to lead to the adoption of rules for a phase-out of fossil fuels as European countries argue…
Crude oil prices are gaining at the start of the week as sentiment shifts to the supply and demand picture after being weighed down last…
With India gearing up for massive power usage in the second quarter, the government will utilize an emergency law that will demand maximum output from…
Global oil demand surged by 1.3 million barrels per day (bpd) to a new record high in December, with total demand at 102% above the…
Mexico’s president Andres Manuel Lopez Obrador has ordered the energy ministry to “take the actions necessary to carry out" the nationalization of the country’s lithium…
An Israeli air strike on Damascus yesterday left 15 dead, including two civilians, The Defense Post has reported, citing the Syrian Observatory for Human Rights.…
Brent Crude prices are not expected to reach $100 per barrel in 2023 unless a major geopolitical event rattles markets again, according to JPMorgan. The…