Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...
Despite the risk of a correction, the combination of U.S. sanctions, inventory draws, and cautious OPEC+ policies supports a ...
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and ...