Surging fuel prices drove AIER's Everyday Price Index to its largest monthly gain since May, strengthening the case for Fed tightening. But concentrated price increases leave questions about renewed price pressure.
KYIV, Ukraine - Ukrainian drones attacked a refinery in Russia's Ryazan region early Thursday, hours after Ukrainian President Volodymyr Zelenskyy said that a brief truce spurned by Moscow was over amid deepening tensions with Washington.
"Massive" oil, gas, and minerals exploration will soon begin in Greenland, U.S. President Donald Trump said on Wednesday, claiming that the territory has enormous resources of readily available oil.
Silver Dave explores the surprising connection between rising diesel fuel prices and silver mining and what it could mean for the price of silver! Plus, details on an upcoming meet and greet at the showroom and a special sale on American Silver Eagle
Several top energy executives were dropped from the schedule of Saudi Arabia's ongoing WPC Energy Congress in Riyadh on Monday, as the kingdom insists on holding the conference despite the threat to the capital posed by the Ansarallah-led Yemeni Arme
President Trump announced Russia has agreed to provide the world with millions of tons of diesel fuel over the next several months in a bid to decrease skyrocketing global prices.
US equity futures are sliding from Tuesday's record close as oil climbs back above $100, global bond yields resume their ascent and the AI bubble debate makes an unwelcome comeback.
China's Fuman Oilfield has produced more than 26 million tonnes of oil and gas from ultra-deep formations below 6,000 metres. Engineers have now recovered rock cores from 8,080 metres underground, reaching rocks roughly 500 million years old.
More bad news for the global refining market broke late Tuesday when Venezuela's second-largest refinery halted operations after a fire erupted at the facility.
Earlier this year, as the energy crisis sent gasoline prices soaring, Washington began waiving the very fuel regulations it had insisted were necessary.
Update(1015ET): The news outlet of pro-Iranian factions in Iraq, Sabereen News, has cited new satellite imagery to report "massive fires in the Saudi oil export pipeline."
WaPo Editorial Board: 'The Supreme Court takes up climate change' – Paper warns Colorado 'case that has the potential to bankrupt every major oil and gas company if the justices don't close the floodgates'
The Trump administration has asked Germany and France to release emergency diesel inventories totaling 120 million barrels over six months – about 660,000 barrels per day – to buffer a supply squeeze in the industrial fuel, Reuters reported, citi