Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
Oil holds gains as investors eye impact from attacks on Russian energy facilities
By Florence Tan SINGAPORE (Reuters) -Oil prices were little changed on Monday as investors assessed the impact of…
Chronic Oil Volatility Becomes Oil’s New Normal
As the IEA is about to revise its peak oil demand scenario radically, the global oil market is…
American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as…
U.S. Oil Majors Slash Jobs Despite Trump’s Fossil Fuel Push
As the United States President Trump administration encourages oil and gas companies to increase production, introducing a wide…
Brent Hits $67 After Primorsk Strike
Oil prices jumped as Washington is now pushing for secondary sanctions on India and China. 12th September, 2025…
Oil prices fall amid concerns about oversupply
Oil prices fell in early European trading on Friday, as concerns about oversupply appeared to overshadow fears of…
Oil prices extend losses on oversupply, US demand concerns
By Sam Li and Lewis Jackson (Reuters) -Oil prices edged lower on Friday after big falls in the…
US oil titan to cut up to 25% of its workforce — impacting thousands. So what happened to ‘drill baby drill’?
“Drill baby drill!” proved a popular rallying cry for Donald Trump during the 2024 presidential election. But with…
Saudi Arabia Offers Deeper Crude Discounts to Asian Buyers
Aramco has urged Asian buyers to buy more Saudi crude for October loading after the world’s top crude…
Big Oil Cuts Back as $60 Oil Bites
In their first-quarter financial reports this year, Big Oil majors signaled they were doing just fine in a…
Consumer Gasoline Costs Lowest In 20 Years: EIA
Customers pump gas at a COSTCO in Aurora, Colorado. The U.S. EIA says gasoline costs for consumers are…