WASHINGTON (NEXSTAR) – The price of crude oil stabilized on Monday after Iran’s limited retaliation against U.S. strikes on Iran’s nuclear site and hopes Iran doesn’t disrupt the global flow of oil.

The International Energy Agency (IEA) raised its global oil supply growth forecasts for this year and next in its monthly oil ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...

The world's oil market is experiencing a period of imbalance as growing supply outstrips demand despite stronger deliveries ...

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually. A potential closure of the Strait of Hormuz could ...

The International Energy Agency’s latest outlook signals that oil demand may continue rising into 2050, a sharp shift from ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the world’s top oil producer is the United States. The report showed that the U ...

The region is seeing a boom in fossil fuels just as the impacts of the climate crisis really bite. It’s raising thorny ...

Major oil producers meet this weekend to decide on August production levels Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than ...