OPEC+ spare capacity is shrinking fast, with only Saudi Arabia, the UAE, and Iraq holding meaningful extra production ...

Global oil prices surged after Israel launched a strike on Iran, escalating fears of wider conflict in the Middle East. Brent crude surged over 10% before easing to a 5% gain, as traders feared the ...

(CNN) — The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran. CNN — (CNN) — The American economy faces ...

China will buy more crude if prices stay relatively low and stable, thus providing a floor to the market, but will pull back ...

Institutional oil market forecasts from OPEC, EIA, and IEA are increasingly agenda-driven, leading to unreliable guidance and frequent revisions. IEA now acknowledges accelerating decline rates in ...

OPEC+ is expected to approve another production increase of 137,000 barrels per day at its meeting next Sunday, according to a report from Reuters on Sunday. This follows months of output hikes since ...

Wood Mackenzie confirmed it had issued an alert to clients saying the 255,000-bpd crude distillation unit, associated 60,325-bpd vacuum distillation unit, 100,000-bpd cat feed hydrotreater, and 24,300 ...

A petroleum analyst is warning that Arizona gas prices could surge in the wake of a massive southern California oil refinery fire.

Gasoline prices in Michigan dropped from a week ago. While drivers may be pleased about the relatively low gas prices, those working in the industry might not. Gasoline prices in Michigan dropped from ...