Oil Prices Could Top $120 as Middle East Conflict Escalates
Crude oil prices could top $120 per barrel of Brent crude by the end of the year if fighting in the Middle East continues, RBC …
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Saipem, Jan De Nul sign LoI for Mozambique Rovuma LNG project
Saipem, in partnership with Jan De Nul, has entered into a letter of intent (LoI) with ExxonMobil Moçambique for a contract related to the phase …
Read Full ArticleU.S. Diesel Prices Top $6 a Gallon for First Time Ever
The national average price for diesel fuel in the United States topped $6 per gallon for the first time this Thursday, adding to already considerable …
Read Full ArticleOil Prices Surge to Four-Month Highs as War Risks Mount
Crude oil prices extended their climb this week, reaching the highest since May as hostilities in the Gulf continue and the prospect of peace gets …
Read Full ArticleAI Boom to Boost Southeast Asia’s LNG Demand
Demand for liquefied natural gas (LNG) in Southeast Asia has found a new major driver apart from the years-long efforts to switch away from coal-fired …
Read Full ArticleWhy The United States’ Belated Critical Minerals Gambit Won’t Stop China
U.S. President Donald Trump has undertaken the most aggressive federal intervention in the critical minerals and rare earth sectors ever since he returned to the …
Read Full ArticleHigher Oil Prices Let Mexico Pull Back Billions in Pemex Support
Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and …
Read Full ArticleOPEC Sees Oil Demand Growth Explode Sixfold in 2027
OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than …
Read Full ArticleHow China Became the World's First Electrostate
More Top Reads From Oilprice.com Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns Russia Strikes Moldova Border as Ukraine Hits Black …
Read Full ArticleCopper Stocks Sink as White House Tariff Uncertainty Spooks Traders
Copper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff plan stalls amid affordability concerns." …
Read Full ArticleUS Natural Gas Market Verging on Record Growth
US natural gas production is projected to reach a record high of 111.7 billion cubic feet per day (bcfd) in 2026, up from 107.6 bcfd …
Read Full ArticleEIA Raises 2027 U.S. Oil Output Forecast
The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2 …
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