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OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the sp

Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost

Crude oil prices extended their climb this week, reaching the highest since May as hostilities in the Gulf continue and the prospect of peace gets even more rem

Crude oil prices could top $120 per barrel of Brent crude by the end of the year if fighting in the Middle East continues, RBC Capital Markets’ Helima Croft has

China aims to have electric and hybrid vehicles account for as much as 70% of all passenger car sales by 2030, in a massive transport shift set to further dent

China is on track to import roughly the same volumes of crude oil in September as it did in August, extending the trend of recovering shipments just as crude oi

Crude oil prices are poised for further increases and the trending trajectory is higher, as global inventory drawdowns have accelerated and China is back to buy

October WTI crude oil futures are trading at $101.26 early Friday, up $10.04 or 11.01% for the week so far. The contract traded as low as $90.87 before reaching

Every headline number behind Vostok Oil — from the tanker fleet and shipping target to the resource base and flagship well — has failed to survive contact with

Politics, Geopolitics & Conflict Yemen's Houthis captured the Red Sea port of Mocha on Thursday, taking the approach to the Bab al-Mandeb Strait, which connects

Your day-ahead look for Sept. 11, 2026

The price of oil surged again, with Brent crude surpassing $107 per barrel for the first time since May as markets brace for a long U.S. war with Iran.

Strait of Hormuz will not reopen this year, agency says, warning of sharp drop in demand as refined product prices soar

Crude oil hit its highest levels in months, bond yields continued to rise and stocks fell for a fourth consecutive session as investors worried about energy sup

Britain is considering expanding fossil fuel production at the risk of undermining its climate goals.

The price of U.S. diesel fuel hit to a new high over mounting fears that fighting in the Middle East could further threaten oil supplies.

The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.

Brent crude and West Texas Intermediate’s front-month contracts edged lower on reports of plans for diplomatic talks between Gulf states.

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.