Oil & Gas Industry News

Ukraine struck a sixth Russian oil refinery in a week.

The oil market has arrived at a remarkable destination, analysts at J.P. Morgan said.

The UK government's new Energy Independence Bill passed a first reading in the House of Commons on November 4.

Crude recovered as hopes for easing Iran tensions competed with persistent geopolitical risks.

Water levels on the Rhine River are forecast to drop again in the coming days.

The U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) is the self-styled 'disruption wing' of the energy department.

The oil industry is bracing for Democrats to use their newfound political muscle to push for a deal with President Donald Trump and impose a windfall tax.

Aramco's CEO announced that the company is continuing to 'explore additional overseas storage capacity', as well as 'alternative export routes', in order to 'further strengthen' Aramco's global supply network.

Oil prices 'tumbled' eight percent yesterday following the U.S. midterm elections, Saxo Bank highlighted.

Oil prices tumbled as political pressure mounted to end the war and restore energy flows.