The global price of crude oil on Thursday fell by 1 percent amid an escalating trade war between the United States of America ...

The reinstatement and expansion of tariffs on steel and aluminum imports in 2025 are expected to cause rising costs and ...

UK industry leaders express concern over newly implemented U.S. steel and aluminum tariffs, warning of increased pressure and uncertainty for the metals sector.

Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.

In its report, OPEC left its 2025 forecast for global oil demand growth unchanged at 1.45 million barrels per day (bpd), projecting total oil demand of 105.2 million bpd. It also left its global oil ...

Chevron Corp. is looking to replace Venezuelan oil at its refineries with supplies from Mexico, Brazil and the Middle East ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

Crude oil is struggling in 2025, with prices sliding to multi-month lows. Tariff concerns, weakening consumer confidence, and production increase by OPEC+ have all contributed to this downward ...

Oil prices bounced on Friday, buoyed after Energy Secretary Chris Wright told Bloomberg News he would seek $20 billion to fill the Strategic Petroleum Reserve. Brent and WTI fell for the week. On ...

Matein Khalid There is no economic reason why OPEC+ chose to add barrels to the global oil market at a time when bearish ps ...