Indonesia is offering to buy an additional $10 billion worth of American oil and liquefied petroleum gas (LPG) to negotiate a reduction in a planned 32% tariff on its goods sold in the United States.

Despite current volatility, industry insiders and analysts suggest that unless the trade war causes long-term economic damage, U.S. shale output may hold steady or rebound ...

The European Union is exploring alternative legal strategies to extend sanctions against Russia amidst potential vetoes from Hungary, which could disrupt the required unanimous agreement among member ...

The EU is exploring a procedural change to bypass Hungary's veto power in renewing sanctions on Russia, aiming to maintain pressure on Moscow.

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish ...

Average national prices for a gallon of gasoline at the pump on Monday fell for the first time in a month, according to ...

OPEC has revised its global oil demand growth forecast for 2025, citing escalating trade tensions and weaker-than-expected ...

The United States and Iran have agreed to continue high-level talks regarding Iran's nuclear program, signaling a potential ...

Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter ...

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

A recent survey indicates that small and medium-sized enterprises (SMEs) are deprioritizing net-zero practices due to rising ...

The International Energy Agency (IEA) has revised down its forecast for global oil supply growth this year, citing lower output from the United States due to falling prices and rising costs, and ...