Charles is a writer for Oilprice.com
Following military setbacks as Ukraine succeeded in retaking swathes of Russian-occupied territory last week, Russian President Vladimir Putin has ordered a partial mobilization of troops…
The UAE’s state-run oil giant is reportedly considering a full or partial acquisition of Gunvor Group commodity trading house, both Bloomberg and Reuters report, citing…
Four eastern Ukrainian regions under Russian occupation are set to hold rushed referendums to join the Russian Federation amid continued fighting. Luhansk, Donetsk, Cherson, and…
A fire broke out at a refinery operated by BP in Toledo, Ohio, on Tuesday, with two people injured, according to a spokeswoman for the…
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once…
Two years ago, oil and gas companies in Texas were laying off employees amid the most severe downturn in the industry’s history. This year, job…
Oil and gas permitting in the United States slowed down last month, with the decline particularly marked in the Permian. This is according to data…
The target date for selling 180 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) appears to have been extended beyond October…
In an attempt to wrestle back China market share from Russia, Iran is reportedly gearing up to slash the price of its sanctioned crude oil…
As Germany desperately attempts to stave off a winter energy crisis, most recently seizing Rosneft refinery assets, a leak at a nuclear plant reported by…
China exported 1.12 million tons of gasoline last month, which was a whopping 97.4% increase from the year before, customs data cited by Reuters showed.…
A dispute between railways and trade unions could result in an energy shortage in the Northeast if things progress to industrial action. Per a Reuters…
As the European Union prepares to implement a ban on Russian seaborne crude in December, the market will have to prepare itself for a loss…
Continued volatility has seen oil prices gain 1% on Wednesday, as the market attempts to decipher the latest demand growth, US crude inventory data, inflation…
The U.S. Bureau of Labor Statistics has released a report showing the second consecutive monthly drop in producer prices, prompted by steadily declining gasoline prices. …
Lights at the Eiffel Tower will be turned off several hours earlier than usual in a bid to save energy, the Mayor of Paris has…
The Biden administration is making preparations for a complete shutdown of the railway system amid failing talks between trade unions and railways. The negotiations have…
The Department of the Interior wants to reverse certain offshore oil and gas production safety rules that were rolled back by the Trump administration as…
A new Iran nuclear deal is looking increasingly unlikely after U.S. Secretary of State Anthony Blinken said Iran had taken “a step backward” with its…
The European Union is preparing to propose a plan that would force fossil fuel companies taking in windfall profits from surging oil and gas prices…