Under the Administered Pricing Mechanism (APM), natural gas price has increased to $6.75 per million British thermal units, ...

TotalEnergies has introduced a leading Chinese oilfield services company into the bidding mix for at least one major contract ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Crude oil inventories in the United States saw a large ...

Movements in metals have been monumental. A 3% rise deep into the region of all-time highs for Gold was followed by a collapse of more than $100 from $3,170 to $3,050 an ounce. On Friday, trading ...

At a ministers' meeting on Thursday, OPEC+ countries agreed to advance their plan for oil output hikes, now aiming to return 411,000 barrels per day to the market in May, up from 135,000 bpd ...

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...

The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil output this year, Singh said. It has compounded uncertainty for buyers and saw trade of ...

A large oil spill in 2011 from a floating oil production vessel off the coast of Nigeria, known as the Bonga, was one of the worst there in a decade ...

Canada exports some 4 million barrels per day of its crude oil to the United States. Trump's tariff policies could stoke inflation, slow economic growth and escalate trade disputes, possibilities ...

Oil made modest gains on Monday, with global benchmark Brent crude rising by 1.4% to above $74 a barrel. In early March, it fell to almost $68, the lowest since December 2021. "As Trump yoyos in ...

Oil prices dipped on Monday with the more active June Brent crude futures down 0.2%, to $72.59 a barrel by 0028 GMT, and the U.S. West Texas Intermediate crude lower by 0.3%, to $69.18 a barrel.

According to data released by the US Energy Information Administration (EIA), commercial crude oil inventories rose by 6.2 million barrels last week, while market expectations had indicated a decline ...