Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The UK government is considering ending the pricing system of British power prices, which are now linked with natural gas prices, in a bid to…
Attracted by cheap prices, India and China continue to increase their imports of Russian crude, which is now mostly banned in the West. India, which…
The UK shipped 1.85 million barrels of gasoline and gasoline blending components to the United States in May, the highest monthly exports of those products…
Trafigura, one of the world’s largest independent oil traders, reported on Friday a record-high net profit for the six months ended March 31, as the…
Now that the winter season ended, Germany has started the process of filling its natural gas storage sites via auctions. As prices have declined and…
U.S. inflation in May saw its highest annual level since December 1981, as soaring energy and food prices accelerated the spike in the consumer price…
Republican Senator Rick Scott introduced this week a new bill that would prohibit federal agencies from doing business with any entity that contracts with the…
Saudi Arabia will ship lower-than-nominated crude oil volumes to some of its Chinese buyers in July, but will provide most other Asian customers with all…
As global demand for non-Russian natural gas is soaring after Russia's invasion of Ukraine, the short to medium-term prospects for U.S. liquefied natural gas (LNG)…
Oil prices inched lower early on Thursday in jittery trade as parts of Shanghai returned to COVID lockdowns just a week after reopening, overshadowing another…
Russia said on Thursday it had added the equivalent of $9.4 billion to its government emergency reserve fund, with the money coming from extra oil…
Spain and Portugal have received EU approval to use a combined $9 billion of government funds to help lower input costs of fossil fuel-fired power…
U.S. gasoline prices jumped on Thursday to a national average of $5 per gallon, a record high, according to data from fuel-savings app GasBuddy. The…
The EU's embargo on 90 percent of all its oil imports from Russia by the end of the year made most headlines last week after…
Record-high fuel prices in many countries could erode public support for an energy transition as consumers have started to identify the high prices with the…
Europe could be forced to start rationing energy this winter, starting with industrial uses of natural gas, especially if the winter is cold and China’s…
UK gasoline prices continue to set records, with the daily price jump between Monday and Tuesday at its highest in 17 years, RAC, the UK’s…
Lithium producer Albemarle could be forced to close its plant in Germany if the European Union classifies the key mineral lithium as a hazardous substance…
The OPEC+ group is currently pumping 2.6 million barrels per day (bpd) of oil below its target, and efforts to boost output per the monthly…
The biggest reshuffle of oil trade flows since the Arab oil embargo of the 1970s is underway—and things may never return to normal. The Russian…