Despite some of the West’s toughest sanctions, Iran has built a roaring global trade for its oil. It relies on a shadow fleet of tankers that conceal their activities to skirt sanctions, and willing ...

Oil prices climbed after OPEC members decided to leave oil output levels steady, a call likely dictated by geopolitical uncertainties involving Russia and Venezuela, Rystad Energy said.

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go dark.” That is, to shut off the tracking system that could alert ...

OPEC's latest World Oil Outlook (WOO) 2024 makes it clear: peak oil demand is not on the horizon. Despite ongoing discussions around transitioning to renewable energy, OPEC forecasts global oil demand ...

Global demand for oil and natural gas could grow until 2050, the International Energy Agency said Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following US ...

Oil prices have been range bound‭, ‬with Brent crude well off the year’s highs‭, ‬and some forecasters predicting the oil ...

Saudi Aramco, the world’s largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels per day (bpd) this year compared to 2024, the chief executive of the biggest oil firm ...

WASHINGTON (AP) — President-elect Donald Trump is set to create a National Energy Council that he says will establish American “energy dominance” around the world as he seeks to boost U.S. oil and gas ...

Off Brazil’s northeastern coast, where the sediment-heavy water of the vast Amazon River tips out into the Atlantic, are two very different types of treasure. The first is an ecological gem: a 3,600 ...