Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump ...
Meanwhile, the Energy Information Administration's latest inventory data signaled strong demand growth in the world's top consumer, with crude oil stockpiles falling by 3.3 million barrels e gasoline ...
The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other. If you have ...
Energy stocks defied the overall market downturn in Q1 2025, with integrated supermajors leading sector gains as investors ...
Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...
Two cities and the Texas A&M University System are suing to stop a project that would pump up to 89 million gallons per day ...
Aside from the physical groundwork of gathering and processing oil, market factors are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and dynamics, ...
How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...
While falling oil prices could ease inflationary pressures for central banks, they also underscore a wider concern about the outlook for growth that has led firms across the industry to slash ...