Despite record-breaking EV sales in China and Norway, global oil demand remains strong. While China's EV market surges, its ...

Trump takes office January 20, and has threatened to quickly hit products from Canada and Mexico with 25% tariffs unless they ...

This past year has been a relatively quiet one for the oil market. After a brief bounce, crude prices are on track to end ...

The decision by OPEC to delay the future ramp up in output from Jan 2024 to April 2024 likely dropped the STEO estimate for ...

After rebounding from the pandemic-induced bust, drillers pushed U.S. production to a record of over 13 million barrels a day ...

Russia has assembled a fleet of hundreds of vessels to covertly ship its oil. With so many ships at sea, the idea of using ...

Two top Canadian Cabinet ministers have met with President-elect Donald Trump’s nominee for commerce secretary at Mar-a-Lago ...

Crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting oil prices but demand concerns ...

Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed ...

Bharat Petroleum has taken its first official step for a possible grassroots integrated refining and petrochemical complex in ...

U.S. crude oil inventories fell by more than expected last week and product stockpiles were mixed as refineries raised their ...