Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday ...

Ukraine struck the Yaroslavl oil refinery for the fourth time in a month, as drones also hit the Syzran facility in a ...

Rystad Energy estimates AI and digitalization could generate nearly $500 billion in cumulative value for upstream oil and gas companies between 2026 and 2030 through lower costs, higher production, ...

Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape energy flows worldwide. In a week of contradicting narratives, the largest ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Top EU officials said Friday that oil and gas prices are ...

Iran has launched a controversial permit and toll system in the Strait of Hormuz, deepening its control over one of the world ...

A Saudi supertanker carrying 2 million barrels is due in Nagoya on May 25, marking Japan's first Middle East crude delivery ...

Global oil inventories are falling rapidly, leaving prices exposed to further gains if the Strait of Hormuz disruption ...

Pakistan is pushing Gulf oil producers to build emergency crude reserves at a planned Energy City near Gwadar Port, with ...

China's fuel exports are set to rise just 10% in June as Beijing keeps cargo approval rules in place, leaving Asia short of supply amid the Hormuz crisis.

India is accelerating its push for alternative fuels as the Middle East crisis strains crude and LPG supplies.