Oil Minister Paula Henao said Tuesday that Venezuela’s new hydrocarbons framework will allow contract disputes to be resolved ...

Oil prices steadied near $110 as Trump delayed planned action against Iran and Washington extended waivers for buyers of Russian crude. - Record US SPR volumes are pushing out record volumes of US ...

Iran's latest peace proposal demands sanctions relief, asset unfreezing, reparations, and a U.S. military withdrawal, as Pakistan warns time is running short.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Americans have spent roughly $45 billion more on gasoline and diesel since ...

India's grid is falling behind its renewables boom, with transmission gaps accounting for nearly two-thirds of clean energy ...

Iranian crude stockpiled on tankers near the Strait of Hormuz has surged 65% since the U.S. naval blockade began in April, ...

Germany has formally launched the privatization of Uniper, the energy giant it nationalized for ~$53B in 2022, with bids due ...

Japan and South Korea are moving to deepen oil supply cooperation as the Hormuz crisis threatens two of Asia’s most ...

Indian airlines including Air India, IndiGo, and SpiceJet are asking state oil companies to delay a 25% jet fuel hike as the ...

Most commercial tanker traffic through Hormuz has effectively stopped, leaving around 100 non-Iranian tankers stranded inside the Persian Gulf. A limited number of shipowners, including Greece’s ...

Nigeria should target new crude buyers after the UAE quit OPEC, says PETAN chairman Wole Ogunsanya, warning the exit ...

India raised fuel prices for the second time in less than a week as soaring crude costs squeeze refiners and strain the ...