Oil Price

Oil & Gas
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro
Oil & Gas
Oil Rises on Market Caution Over Tight Supply
Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab
Oil & Gas
Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall
Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou
Oil & Gas
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace
Oil & Gas
Boris – Fuel Prices to Remain High for a While to Come
The plan to boost offshore wind and nuclear will be “immensely beneficial” for Britons, the Prime Minister has said.
Oil & Gas
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
Oil & Gas
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Oil & Gas
Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Oil & Gas
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
Oil & Gas
U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy
Energy Economy
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol
Oil & Gas
Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says
India is speeding up its plan to blend ethanol with petrol to help cut down crude imports in the long term
Oil & Gas
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
Oil & Gas
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Oil & Gas
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E

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Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

Oil Price

Why Is There a Worldwide Oil-Refining Crunch?

Oil Rises on Market Caution Over Tight Supply

Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

Boris – Fuel Prices to Remain High for a While to Come

Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems

Oil Jumps After Saudi Arabia Hikes Crude Prices

Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels

Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports

U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring

UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge

Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says

Five Major Challenges Facing the Energy Industry

Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN

Oil Prices Drop on Profit-Taking, Supply Fears Linger

Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

New Iran Nuclear Deal May Completely Derail Oil Price Rally

Oil prices slide 3% on prospect of more OPEC+ oil

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl