even as long term prices decline due to a potential LNG glut later in this decade. Gulf LNG, like Gulf oil, faces a bearish headwind from American energy dominance.

Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

Some experts and think tanks are expecting a possible oil glut this year due to production increases in the United States and sluggish demand. OPEC+, or the Organization of the Petroleum Exporting ...

Oil prices settled at a 5-week breaker. No, it’s not an April Fool’s joke! I am not kidding! Oil got hit with a reality check and ...

ONGC is among the several oil majors looking to diversify their business strategies as the global economy moves away from fossil fuels. “Globally, we are heading to a glut in oil supplies which means ...

From Graza squeezable olive oil to chili crisp and tinned fish, our pantries have become places to show off ‘cute’ packaging and brand names. Here’s how influencer culture, capitalism, and an ...

The oil giant on Tuesday revealed plans to reduce ... where high costs and a glut of exports from China are threatening the industry’s survival. Shell did not say where the axe would fall ...

ONGC is among the several oil majors looking to diversify their business strategies as the global economy moves away from fossil fuels. “Globally, we are heading to a glut in oil supplies which means ...

CAIRO, March 23 (Reuters) - Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.

Click to share on Facebook (Opens in new window) Click to print (Opens in new window) Click to email a link to a friend (Opens in new window) (Greg Kearney) Oil City News publishes letters, cartoons ...