Crude Traders Split on Whether the Glut Has Arrived
Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week suggested the first…
OPEC+ to raise oil production by 137,000 barrels per day in November
NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries…
The Uncertain Future of UK Oil and Gas
Since the Labour Party came into office in the U.K. last year, many have wondered if oil and…
Jim Cramer Discusses Occidental Petroleum (OXY) In Context Of Broader Oil Industry
We recently published 12 Stocks Jim Cramer Mentioned In An Episode Where He Briefly Commented On Data Centers.…
The Uncertain Future of UK Oil and Gas
Since the Labour Party came into office in the U.K. last year, many have wondered if oil and…
Massive fire erupts at Chevron refinery just outside of Los Angeles
Flames rise from the Chevron refinery in El Segundo, Calif., Thursday, Oct. 2, 2025. (AP Photo/Ethan Swope) EL…
OPEC+ to increase oil output by 137,000 barrels per day in November
A view of the OPEC pavilion on the COP28 grounds. Hannes P Albert/dpa The oil cartel OPEC+ will…
ENPPI, Petrojet, and EMC Join ENR Top 250 List
Three major project companies from Egypt’s petroleum sector have been included in the prestigious Engineering News Record (ENR)…
Taiwan bought over $1.3 billion worth of a Russian oil product this year, report says
Hong Kong — Taiwan imported $1.3 billion worth of the petroleum product naphtha from Russia in the first…
Russian Air Barrage Targets Ukraine, Damaging Gas
(Bloomberg) — Russia launched a massive airstrike at targets across Ukraine overnight, including at energy facilities, killing at…
Czech Billionaire Kicks Off Talks With Far-Right After
(Bloomberg) — Czech billionaire Andrej Babis turned to forming a governing majority a day after winning a resounding…
OPEC and Allies Agree to Boost Oil Production
OPEC produces up to 40% of the world’s oil. – ahmad al-rubaye/AFP/Getty Images The Organization of the Petroleum…