The Texas oil and gas industry is concerned about the uncertainty surrounding energy production and prices despite President Donald Trump's vow to "drill, baby, drill." After Trump advanced his ...

The energy sector moved 4.62% higher in Q1 2025 after rising 4.89% in 2024. Gasoline posted the most impressive gain as the ...

A bulk of the petroleum exports to the US from India comprises petrol or gasoline, which are currently taxed at 14% ...

The drop in crude oil prices and the resumption of the naira-for-crude arrangement for local refiners may push the pump price of Premium Motor Spirit (petrol) further down to about N800 per litre in ...

Donald Trump wants to turn the U.S. into an energy fortress, ending its dependence on Canadian oil. He's doomed to fail.

Oil prices rose yesterday despite OPEC making some small downward revisions to demand growth estimates. Clearly, the market is more focused on tariffs and what they mean for oil demand.

U.S. crude oil inventories decreased by 3.3 million barrels during the week ending March 21, according to the EIA. Gasoline inventories also decreased by 1.4 million barrels, while distillate ...

So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that ...

Oil futures posted a gain on Wednesday, giving up early losses after official U.S. data revealed weekly declines in petroleum-product stockpiles ... halt on attacks on energy infrastructure ...

Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices. The increased focus on renewable energy is already accelerating such ...

Oil prices rose marginally higher yesterday despite OPEC trimming demand estimates. ICE Brent settled just below US$65/bbl.