The Iran-aligned Houthis attacked and damaged two commercial vessels in the Red Sea near Yemen early on Tuesday, as the ...

WTI jumped 3% on Tuesday morning after U.S. intelligence suggests that an Iranian missile strike is imminent. The potential for an armed conflict between Iran and Israel has triggered concerns about ...

The ongoing conflict in the Middle East is not expected to impact oil supply, according to an expert, as the market is more focused on concerns about demand and OPEC's spare capacity.

OPEC+ is set to meet tomorrow, and the group will be under pressure to support oil prices which have been falling fairly ...

Traders are rerouting WTI Midland crude destined for Europe using a loophole, potentially affecting the Dated Brent benchmark price.

The EU earlier this year imposed provisional tariffs of up to 36% on EVs imported from China, on top of the regular import ...

Nigeria's president has announced imminent approval for Seplat's $1.3 billion acquisition of ExxonMobil's shallow water ...

OPEC+ is strategically giving up some market share in the short term by limiting production in order to secure investments ...

Iran has signed a long-term natural gas deal with Russia's Gazprom, aiming to become a regional gas hub and defy US sanctions ...

Kazakhstan is in talks with China to increase natural gas exports and is considering building a new pipeline to meet China's growing demand.

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

Artificial intelligence's energy demands are rising despite its efficiency benefits, potentially straining power grids.