Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil prices rose above $114 a barrel early on Tuesday, reaching the highest level in eight weeks, amid a tight global fuel market and expectations…
Soaring energy prices are hitting UK households and energy providers in a market that has realized that the cost-of-living crisis in Britain is not going…
U.S. gasoline demand is not going down despite record-high gasoline prices, which have been beating previous all-time highs on a daily basis in the past…
Crude oil exports from Saudi Arabia fell slightly in March from February, when the world’s top crude exporter shipped the highest level of crude since…
Shanghai is expected to return to more or less normal life as of June 1, the deputy mayor of China’s financial hub with 25 million…
Getting America to reach the goals of zero-carbon electricity generation by 2035 and net-zero economy by 2050 with a surge in electric vehicle transportation and…
The lower house of the German Parliament approved a bill on Thursday that could allow the government to place energy firms under trusteeship if the…
Crude oil prices shot up more than 3% on Friday in mid-day trade, with the WTI front-month contract reaching $109.80 per barrel—erasing losses from earlier…
Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum Corporation (NYSE: OXY) this week, bringing its stake to 15.3% in a move that could…
The euro could dip below the value of the U.S. dollar as the Eurozone's economy could be hit with rationing if Russia completely stops gas…
The President of the United Arab Emirates (UAE), Sheikh Khalifa bin Zayed Al Nahyan, died on Friday, the state news agency of OPEC's third-largest producer…
Russia’s crude oil production could drop to its lowest level since 2004 if the EU imposes an embargo on imports of Russian oil, according to…
Europe's top oil firms reported blowout earnings for the first quarter as oil and gas prices spiked with the European energy crisis and the Russian…
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on…
OPEC continues to undershoot its oil production target in the OPEC+ deal, failing in April to boost output as much as required by the agreement.…
Slower global economic growth, China’s fight against COVID, and the Russian invasion of Ukraine prompted OPEC to slash for a second month running its global…
Ten more European buyers of Russian gas have opened accounts at Russia's Gazprombank, designated by Vladimir Putin to process the ruble-for-gas payments that he demands…
Renewable power capacity additions are set to remain stable next year compared to 2022 unless new and stronger policies are adopted soon, the International Energy…
If the U.S. passes the NOPEC bill, a bill designed to pave the way for lawsuits against OPEC members for market manipulation, the oil market…
The European Union’s current plan for eliminating its reliance on Russian gas by replacing it with gas from other sources could cost the bloc up…