Latest Oil & Gas stories from Energy.
The U.S. has lifted oil sanctions on Iran as diplomatic discussions progress, while a federal judge has deemed the Trump administration's SAVE voter tool unlawful.
Industry analysts caution that public statements by Trump may be obscuring a significant global oil supply issue, potentially pushing prices to $135 per barrel.
A woman's routine oil change escalated into a staggering $10,000 estimate, prompting her to doubt the mechanic's integrity. This incident raises concerns about auto repair transparency.
Recent trends show that petrol prices in Australia have dropped below levels seen before the Iran war, with suppliers outside the Middle East demonstrating unexpected flexibility.
Recent findings suggest that the cultivation of coconut, palm oil, and soybean is linked to rising species extinction rates, raising concerns about their environmental impact.
In a significant move, Cuba has announced nearly 200 free-market reforms to address its ongoing economic crisis, which has been worsened by a US oil blockade.
MarketWatch examines how the Iran oil shock has reshaped traders' perspectives on global demand and highlights China's significant role in this evolving landscape.
A substantial $500 million investment has been reported in the rare earth refining sector, highlighting the growing importance of this industry.
In a remarkable escalation, Ukraine reportedly executed its largest drone attack on Moscow, deploying nearly 200 drones, with several targeting the capital's major oil refinery.
As concerns about summer shortages and soaring oil prices fade, the oil market is now turning its attention to potential oversupply issues.
The International Energy Agency suggests that a peace deal in the Middle East could lead to a significant increase in oil production, surpassing demand forecasts.
The closure of the Strait of Hormuz is expected to have lasting effects on oil production and markets, which may take months or even years to fully recover.
During the G7 summit, Trump underscores the urgency for peace in Ukraine and indicates that the US may swiftly reimpose sanctions on Russian oil, amid ongoing tensions.
Despite discussions surrounding a potential agreement between the US and Iran, Asian markets exhibit a tempered response, reflecting caution as oil prices experience a significant drop.
Despite a recent US-Iran deal, analysts caution that the backlog in the Strait of Hormuz could take weeks to resolve, leaving oil flows at risk of further disruptions.
Crude oil prices are experiencing a downturn as discussions of a possible agreement between the US and Iran appear to be on the horizon.
An examination of China's potential influence on global oil prices and the broader implications for the market.
Lionheart Capital and Keo Energy have established a Nasdaq-listed entity aimed at acquiring oil assets in Venezuela, joining Donald Trump's significant investment push.
The crude oil market is nearing a pivotal moment, which could have significant effects on the global economy in the coming weeks.
Businesses in East LA impacted by the recent oil spill may be eligible for compensation.