Oil company BP recently announced it was ditching its climate goals to refocus on dirty energy in the hope of raising share prices.
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Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, ...
Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
Oil prices fell sharply on April 4, dropping by 8% to their lowest levels since mid-2021, Reuters reports. Brent crude ...
The price of oil in the global market plunged further Friday morning to the lowest levels since 2021. Just after 11 a.m. EST, ...
President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.
Pete Hegseth, the new Secretary of the Department of Defense, plans to shut down programs intended to mitigate climate change ...
China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.
Reporting by Menna Alaa El-Din and Muhammed Al Gebaly Writing by Menna Alaa El-Din Editing by Elaine Hardcastle and David Goodman Energycategory Oil prices drop 1% on trade war worries but post ...
The price increase followed U.S. government data showing a larger-than-expected drop in distillate inventories, including diesel and heating oil, which fell by 2.8 million barrels—far exceeding ...
New Delhi: India's crude oil imports increased by 4.7 per cent in February 2025, while petroleum product (POL) imports saw a 17.5 per cent decline, according to the latest data released by the ...