Crude oil prices are set for a weekly loss due to rumors of increased OPEC+ supply and renewed hopes for peace in Ukraine, ...

The Trump Administration has revised offshore drilling rules to increase oil production in the U.S. Gulf by allowing greater pressure differences and accelerating project approvals.

Iraq’s strategy seeks energy independence while navigating U.S.-Iran tensions, sanctions risks, and internal corruption ...

Guyana’s oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from February’s 648,000 bpd, a new report ...

In the space of ten days, U.S. Energy Secretary Chris Wright has gone from full-throttle shale hype-man to waving the red ...

U.S. President Donald Trump is weighing the creation of a U.S. sovereign wealth fund to directly invest in domestic and ...

Russia is expected to see its oil and gas revenues for April slump by 22% from a year ago, amid lower oil prices and a ...

As of 9:28 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 0.95% on the day and traded at $62.86. The ...

The sanctions enforcement of Russian oil exports appears limited, especially compared to the continual U.S. campaign to bring ...

Eni SpA reduces capital expenditure and implements cost-cutting measures to maintain shareholder distributions amidst a ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions despite a recent decline in oil prices.

European power prices have significantly dropped due to decreased natural gas costs and increased renewable energy production ...