Goldman Sachs says soaring oil prices are already eroding global demand, partially offsetting supply shortages but creating ...

Oil prices rose as Israel’s deeper push into Lebanon renewed fears of a wider Middle East conflict and prolonged disruption ...

Petrobras will cut its road diesel price by R$0.3515 per liter from June 1 under a federal subsidy designed to offset higher ...

Global inventories are falling rapidly as the world has already lost roughly 1 billion barrels of crude and condensate supply ...

China has been stabilizing global oil markets by drawing down massive inventories instead of aggressively importing crude, but that strategy may soon run out of room.

Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be ...

The U.S. is exploring the use of Cold War-era plutonium from dismantled nuclear warheads as alternative fuel for advanced ...

UK petrol prices have reached their highest level since December 2022 as renewed US-Iran tensions pushed oil back toward $100 ...

Oil prices have retreated from recent highs as markets price in hopes of partial Hormuz reopening, while record U.S. crude ...

Analysts warn record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand are tightening markets far ...

The Iran war and Hormuz disruption have turbocharged U.S. LNG exports, giving Washington a major short-term energy dominance boost as Asia and Europe scramble for alternative supply. China, however, ...

Suriname's Staatsolie says Petronas-operated Block 52 could reach a Declaration of Commerciality for oil within 18 months, ...