Charles is a writer for Oilprice.com
After delaying a vote on Wednesday due to disagreements among member states, member nations of the European Union are hoping to strike a deal on…
U.S. manufacturing PMI for January has come in at 47.4%, representing the third consecutive contraction of economic activity in the manufacturing sector, with the petroleum…
Russian Urals crude traded at $49.48 per barrel in January, with rising transportation costs compounding a discount that has seen the country’s flagship crude price…
The much anticipated January reading for China’s purchasing managers’ index has confirmed expectations that Asia’s powerhouse is back into growth mode, beating analyst expectations and…
Crude oil prices have found a floor and the only way they can go from here would be higher. That’s according to RBC commodity analysts…
In a new record for the Lone Star State, Texas produced 11.2 trillion cubic feet of natural gas in 2022, with growth expected to trend…
While all eyes are temporarily on the Federal Reserve’s rate hike plans and a virtual meeting of OPEC+ ministers–both on Wednesday–Chinese factory data will also…
Saudi Crown Prince Mohammed Bin Salman and Russian President Vladimir Putin discussed OPEC+ cooperation in a Monday phone call, according to various sources, with the…
Israel carried out the drone attack on an ammunition factory in Iran this weekend, The Wall Street Journal reported, citing sources with knowledge of the…
Traders expect the Federal Reserve to end its rate hikes in two months, which could push oil prices higher due to the generally inverse relationship…
Texas could be a leader in the energy transition to a low-carbon energy system, according to the director of the new University of Houston Energy…
Baker Hughes, the multinational oilfield services giant, sent oil and gas drilling equipment to Russia from Scotland despite calls from the Scottish government for businesses…
One of the world’s top commodity traders, Trafigura, is pulling out of a prepayment-for-oil-exports deal with the semi-autonomous region of Kurdistan in Iraq, a source…
Europe is buying more diesel from the United States and Saudi Arabia in preparation of the EU ban on seaborne imports of Russian refined products,…
After promising indications that the Iraqi federal government would ease up on its legislative war with the Kurdistan Regional Government (KRG) over the latter’s unilateral…
U.S. natural gas prices fell below $3 per million British thermal units this week for the first time in two years amid continuing warm weather…
Chevron will allocate $75 billion for share repurchases, effective April 1, without an expiration date, the company said, as it declared a quarterly dividend of…
In an about-face on the provision of Western weapons for Ukraine, and despite warnings from Moscow of a serious escalation, Washington has agreed to supply…
Fourth-quarter earnings on Wednesday saw Hess Corporation (NYSE:HES) soundly beat Wall Street estimates, with another discovery offshore Guyana playing a significant role in the company’s…
Sempra Energy’s Port Arthur LNG Phase 1 project is now fully subscribed with long-term offtake agreements, following Wednesday's supply deal with Poland for 1 million…