China, the world's top crude importer, has been the main buyer of oil from OPEC producer Iran in recent years but will face competition as well as higher prices after the U.S. issued a 30-day ...
Twice within space of two months, the Organisation of Petroleum Exporting Countries+ (OPEC+) has revised downward, its oil demand growth projections for 2023. While Nigeria should have risen to the ...
Western oil importers have been looking for many ways to lower crude prices in 2022. The idea of a buyers cartel for crude oil has been floated many times, but looks virtually impossible without the ...
Oil prices have been pushed higher as the war in the Middle East continues. Those prices have renewed debate here in the U.S. over how much drilling should be allowed on federal land. The Biden ...
Iraq is looking to ramp up its oil production to 7 million bpd by 2027. The country is focusing on increasing production from two key oil fields, Rumaila and West Qurna 2. There is much potential left ...
The past week was filled with significant developments, from oil and gas executives expressing their frustration with President Donald Trump’s drilling policies to Vice President JD Vance raising ...
Mounting geopolitical tensions stemming from conflict in the Middle East and Eastern Europe have helped drive oil prices to five month highs, challenging the Federal Reserve's fight against inflation.
Our dependence on fossil fuels is one of the biggest challenges to overcome in the fight against climate change. But production and consumption of fossil fuels is on the rise, and expected to peak ...
Earlier this year, in Trafigura Trading LLC v. United States, the US Court of Appeals for the Fifth Circuit held that a federal excise tax on domestic crude oil exported from the United States is ...
A long-standing practice in journalism is trying to avoid jarring juxtapositions between ads and news stories. For example, historically, advertisements for airlines were moved away from stories about ...
"It's called survival. Shell sees the end game of oil." ...