Charles is a writer for Oilprice.com
Poland announced on Tuesday that it was preparing to impose sanctions on 50 Russian oligarchs and companies, as Polish media report that Russia has stopped…
The Biden administration has blocked the expansion of oil and gas drilling in the National Petroleum Reserve in Alaska, effectively limiting land available for drilling…
Democratic Senator Joe Manchin is exploring a new energy and climate legislative package that would win the support of Republican senators as a way of…
Moody’s Investor Service has upgraded its outlook for the global energy industry from “neutral” to “positive”, forecasting “record profit and free cash flow” for exploration…
Gasoline prices in the United States climbed higher Monday, despite crude oil’s brief retreat under $100 per barrel as bearish sentiments emerged over China’s intensifying…
Abu Dhabi crude is preparing to make its way to Europe for the first time in two years as the European Union seeks replacements for…
Oil prices have fallen to a two-week low, dipping below $100 on fears of the further demand consequences of a COVID-19 lockdown in China that…
An oil depot in Russia near the border with Ukraine caught fire early on Monday, and another site, a military one, was also on fire,…
The Department of Energy has awarded contracts for a total of 30 million barrels of crude oil to be released from the strategic petroleum reserve…
The U.S. West Coast is expected to import 120,000 barrels per day of gasoline and blending components for the remainder of this month, up from…
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due…
Prices at the pump directly correlate with presidential approval ratings, the chief executive of FedEx told Fox News this week, citing a conversation he had…
In Germany’s most definitive statement yet regarding Russian oil and gas imports, the German Foreign Minister has pledged that the country will cease importing Russian…
Libya’s prime minister-designate Fathi Bashagha has offered to help the UK replace Russian oil in return for help with post-war reconstruction, in a move seen…
President Biden has reintroduced stringent environmental assessment rules for any large-scale project, including pipelines and oil wells. Per an Associated Press report, this week saw…
High oil prices will push Saudi Arabia’s economy into high-growth mode, more than doubling this year, according to the International Monetary Fund (IMF), which raised…
As Shanghai prepares to reopen factories amid a strict COVID-19 lockdown that had driven oil prices lower last week, the IMF has cut its global…
A former vice president at Russian bank Gazprombank—the bank at the center of Russia’s rubles-for-gas payment scheme—has killed his wife and daughter before killing himself…
The U.S. federal government will hold oil and gas lease sales in at least eight states in June after a court overturned President Biden's moratorium…
The United States may be exporting crude oil released from the strategic petroleum reserve in a bid by the federal government to lower prices at…