Goldman Sachs warns that the escalating conflict between Israel and Hezbollah could lead to a significant spike in oil prices if the Strait of Hormuz is closed.
Oil prices are expected to remain low due to weaker-than-expected demand and uncertainty surrounding OPEC+ production cuts.
India's petroleum product exports have reached a two-and-a-half-year high due to increased demand from Africa as European refineries undergo maintenance.
Russia's Deputy Prime Minister Alexander Novak believes that oil prices have already factored in geopolitical tensions in the Middle East and that recent volatility is likely to subside.
The European Union's joint gas purchase mechanism, AggregateEU, has fallen short of expectations, securing contracts for only ...
Israel has conducted airstrikes on Yemen and killed a top Hamas leader in Lebanon, further escalating the Middle East conflict.
A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.
As the conflict in the Middle East escalates, oil prices have been pushed higher on fears of major supply disruption.
Some experts argue the U.S. shale revolution has peaked, with further major production gains unlikely without a significant ...
The solar water heater market is projected to reach $6.18 billion by 2028, driven by government policies, technological ...
This article explores the potential consequences of a nuclear war in Europe, highlighting the vulnerability of the continent, ...
More than half of the exploration and production firms operating in Texas, northern Louisiana, and southern New Mexico have ...