Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for ...

The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.

US last week imposed its broadest package of sanctions so far targeting Russia’s oil producers. Read more at straitstimes.com ...

The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...

A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

Occidental Petroleum (OXY) closed the latest trading day at $52.70, indicating a +1.19% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.83%. At ...

US President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada — a threat that has been looming for more ...

The Midland Chamber of Commerce held its 8th annual State of Oil and Gas Luncheon. It focused on the current trends, ...

California lawmakers may consider a climate ‘superfund’ law that forces fossil fuel companies to pay for damages linked to ...