Suriname is experiencing renewed optimism for its oil industry with the approval of the GranMorgu project and significant investment from international energy companies. The country hopes to ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily. China will not cease to be a major importer of crude anytime soon. Most of ...

Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently. Moscow has ...

Oil prices are crashing due to global economic concerns and increased OPEC production. Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may ...

Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everybody’s afraid.’ By Rebecca F. Elliott Oil is trading at its ...

Filipino consumers may have to pay more for coconut oil as prices are expected to rise further this year due to higher demand and global supply disruptions. The Philippine Coconut Authority (PCA ...

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries. By Rebecca F. Elliott Reporting on energy U.S ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

Keeping an eye on your car's oil is essential to maintaining its health and longevity. Other than getting the oil itself changed every few thousand miles, you should also be consistently checking ...

The Texas oilmen on the fairways had a more serious concern: The president they helped elect was tanking oil prices. The market rout sparked by President Donald Trump’s trade war is touching ...

The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil revenue may make it harder to fund Saudi Arabia's ambitious megaprojects.

Oil fell to just $60 a barrel. That’s the lowest we’ve seen it since 2021. (And if you'll recall, that was back during the height of the global pandemic, when we weren’t traveling much.) ...