A Ukraine ceasefire could be good for oil markets theoretically. A new supply and operating situation afterward could benefit the oil market. Ukrainian pipelines can redirect Russian oil, which may ...

The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum Reserve ...

U.S. Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump's goal of refilling ...

warning Iran it would face economic isolation Tehran remains defiant and says it will block the sensitive oil-important Strait U.S. warns that closure of the Strait would trigger a massive ...

He broke the stranglehold of the West on oil. Oil Minister Yamani slapped the Arab Oil Embargo on the world to protest yet another Western sponsored war in the Middle East. Her name is Mai Yamani.

Egypt’s President Abdel-Fattah el-Sissi is expected to travel to Riyadh on Thursday, two Egyptian security sources said, where he is due to discuss an Arab plan for Gaza that may include up to $ ...

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

MUNICH, Feb 14 (Reuters) - Arab countries are putting together a plan that would rebuild Gaza without displacing its people, guarantee security and governance, Jordan's foreign minister said on ...

He clarified that while there is no ban on Russian oil, India strictly avoids transactions with sanctioned entities. Show Full Article “There was no embargo on Russian oil or Russian energy. The only ...

India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).

The 1973 Arab oil embargo caused massive disruption to the American economy. Most of hijackers who flew into the World Trade Center towers were Saudis. In 2015, the Saudis launched a war against ...