Charles is a writer for Oilprice.com
Oil prices started the month of July rising by 2% early on Friday, rebounding from Thursday’s losses after Libya declared force majeure on more crude…
Brent prices are expected to average $106.82 a barrel in 2022, the monthly Reuters poll showed on Thursday—and that’s the highest average oil price forecast…
Russia’s crude and condensate production has increased in June by 5% to an average of 10.7 million barrels per day (bpd), Russian daily Kommersant reported…
The Indian government has plans to finance a deepwater oil exploration campaign to be led by ONGC as it seeks to boost local oil production…
Norway's oil industry agreed on a new wage deal with three trade unions, averting yet another strike danger that would have disrupted the country's production.…
A Russian politician and former regional military commander has suggested that Europe will "totally croak" if Russia militarily targets Europe's biggest oil hub in the…
The number of U.S. jobs in fossil fuels dropped in 2021, but overall American employment in the energy sector increased by 4 percent last year,…
Iran has applied to join the BRICS group of major emerging economies, which includes China, Russia, and India, Reuters reported on Tuesday, a move that…
Goldman Sachs continues to be very bullish on energy and believes that the upside risk in crude oil and refined products “is tremendously high right…
Ecuador could be forced to suspend all oil production within 48 hours as anti-government protests in the country intensify, the Ecuadorian energy ministry warned. The…
U.S. President Joe Biden met on Thursday with governors, labor leaders, and business leaders to discuss the implementation of more offshore wind capacity, snubbing oil…
Emboldened by a recent 20-year LNG deal a German energy company signed with a U.S. exporter, Qatar—another top LNG exporter—is now seeking long-term contracts with…
Representatives of some of the biggest oil and gas companies operating in the North Sea on Thursday warned the UK’s Chancellor of the Exchequer Rishi…
President Biden asked Congress on Wednesday to lift the federal fuel tax for three months in a bid to reduce excessively high prices at the…
Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19, according…
A fire erupted on Wednesday at an oil refinery in a southern Russian region close to Ukraine after two drones hit the facility, Russia says.…
Despite a boom in coal production in recent months, China could experience another power crunch this summer as miners race to meet government targets with…
Exports of feedstocks for the production of gasoline from Asia to the United States have been on a sharp rise recently, rising to the highest…
Ukrainian forces attacked on Monday offshore oil and gas drilling platforms in the Black Sea, the Russia-installed head of Crimea said. Gas production is temporarily…
World oil demand dropped in April to 97 percent of the 2019 level as demand in Asia weakened, according to data from the Joint Organisations…