Charles is a writer for Oilprice.com
Crude oil imports into Japan soared by almost 100 percent last month, pushing the resource-poor country's trade balance deeper into deficit territory. The increase in…
After easing up on Iranian oil somewhat in favor of heavily discounted Russian crude, China is now set to receive nearly two million barrels of…
European Parliament is threatening sanctions against Gerhard Schröder unless the former German chancellor, who serves as chairman of the supervisory board of Russian state oil…
Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over…
Russia’s state-owned oil producers Rosneft and Gazprom Neft have started to use tankers of local state tanker operator Sovcomflot to ship their crude to Asia,…
Russian could cut off the natural gas supply to Finland late on Friday or early Saturday, Gasum, the state-owned energy provider in Finland, said on…
Libyan prime minister-designate Fathi Bashagha was forced out of the capital Tripoli on Tuesday by armed militias backed by current interim Prime Minister Adbdul Hamid…
The biggest holdout to an EU embargo on Russian oil imports, Hungary, continues to dig its heels in, and has told the other European Union…
The Iraqi government prevented three deals that would have seen greater Chinese ownership in its oil fields, Reuters has reported, adding that should that have…
Saudi oil giant Aramco is discussing with major international banks the possibility of listing 30 percent of its trading arm, Aramco Trading, 100 percent of…
The Biden Administration's "failed policies on energy are not working" and this administration hasn't changed its tune to the oil industry since day one in…
Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit. …
Germany’s largest producer of power, the giant RWE utility, has opened an account to pay for Russian gas in euros, Reuters reports, which will then…
The European Union is gearing up to release emergency measures for a full-scale gas supply shock on Wednesday, with a leaked memo calling for a…
As another summer threatens the stability of California’s power grid, Governor Gavin Newsom has said that he would keep all options on the table to…
The European Union hopes it will reach this month a unanimous agreement on placing an embargo on Russian oil imports, EU diplomats and officials told…
Shipments of Russian natural gas to Europe have been further disrupted by Russia-imposed sanctions, sending prices soaring higher on Thursday. The Natural Gas EU Dutch…
Hours after Moscow warned there would be retaliation for Helsinki’s announcement that it is applying for NATO membership, Finnish media reports that the Kremlin threatened…
Ukraine will only restart gas flows from Russia to Europe via the Sokhranivka point—which were stopped earlier this week—only when Kyiv regains full control over…
Gas demand from households in cities and from the transportation sector in India is currently outpacing supply, which has prompted the government to mandate state-held…