President Donald Trump announced plans to refill the U.S. Strategic Petroleum Reserve, a move poised to deliver substantial ...

A look at the map of global oil reserves for 2024, and all you will see is a handful of countries dominating the scene. According to the Organisation of the Petroleum Exporting Countries (OPEC), world ...

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.

The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the ...

Latin America is gradually positioning itself as a key player in global energy production, with Investments in oil and gas ...

China's oil product demand and crude oil imports jumped significantly in August, with a substantial portion of imported crude ...

Global oil and gas discoveries have plunged to their lowest levels in decades as exploration spending and acreage shrink, ...

Chevron enjoys unusual sway in socialist-led Venezuela, positioning the energy colossus to gain from whatever comes of the ...

Traders have been paying close attention to the international benchmark in the wake of the new sanctions announced on two ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

December WTI crude oil (CLZ25 ) today is up +1.17 (+2.04%), and December RBOB gasoline (RBZ25 ) is up +0.0352 (+1.99%). Crude ...

View of a shale gas drilling platform in Luxian, Southwest China's Sichuan Province on May 24, 2022. Photo: VCG. A new well ...