As the oil price did not go up the way the OPEC+ expected, apart from temporarily being on the crosshairs of the US, analysts believe only...

  With the US midterm election just 3 weeks away, the Biden administration is clearly taking the scenario of fuel price hikes seriously - in...

  The cut in crude oil output, agreed by the OPEC+ a few days ago, does not appear to be doing the trick as far as the price is concerned. O...

  Judging by the reaction on impulse, the production cuts announced by the OPEC+ on Wednesday, has clearly left the Biden administration of ...

  The price of crude oil has been rising in the markets on Wednesday in anticipation of a production cut by the OPEC+ during its monthly mee...

  Hurricane Ian that is about to batter the west coast of Florida appears to have spared the major US oil refineries along the Gulf Coast, a...

  The price of crude oil has been falling for three successive weeks despite the obvious concerns about a steady supply in the evolving poli...

Crude oil price on Thursday Jacob Rees-Mogg, the new Business Secretary of the United Kingdom, made it clear today that the moratorium on fr...

  source: Anadolu Data The positive correlation between the prices of crude oil and LNG, liquified natural gas, has been continuing this wee...

  US Strategic Petroleum Reserves - 2022 The prices of crude oil seem to have found their respective new equilibrium during the past few wee...

  The European energy crisis that shows no sign of easing at present,  now faces yet another challenge due to the shortages of a fossil fuel...