OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial
While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions,
Israel’s surprise attack on Iran last week had oil prices spiking which sent U.S. producers scrambling to lock in the
Asian spot liquefied natural gas (LNG) prices rose to their highest level in four months this week on concerns over
The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed
An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if
Crude oil, which is arguably the world’s most important commodity, is on everybody’s mind right now. The flared up conflict
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as
Saudi Arabia and Russia will work with their OPEC+ partners to respond to oil market events as they arise, Saudi