The European Union is exploring legal avenues, specifically invoking force majeure, to terminate long-term gas contracts with Gazprom without incurring substantial financial penalties, while European ...

Crude oil prices experienced a period of stabilization due to a combination of potential tariff exemptions from the U.S. and a significant surge in Chinese crude oil imports, despite OPEC's downward ...

Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in a month, according to ...

High-level negotiations between U.S. and Iranian officials in Muscat focused on a new nuclear deal. The deal includes several ...

OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected ...

Oil prices experience a morning rise following positive trade developments, but caution persists due to ongoing trade war ...

The United States and Iran have agreed to continue high-level talks regarding Iran's nuclear program, signaling a potential ...

Gunvor's head of research asserts that the recent oil price crash below $60 per barrel was an excessive market response to ...

Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter ...

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish ...

Chinese crude oil imports surged to a seven-month high in March, driven by increased flows of Iranian and Russian crude.

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...