Asian demand for U.S. oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. SourceContinue Reading

OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic. SourceContinue Reading

Oil rose higher on Monday following an eighth weekly gain, spurred on by the energy crunch as winter approaches. SourceContinue Reading

The U.S. Coast Guard boarded a container ship that dragged its anchor near to a Southern California subsea pipeline that was the source of an oil spill earlier this month. SourceContinue Reading

Venezuela intelligence police have transferred the six Citgo Petroleum Corp. executives who where under house arrest to its headquarters, lawyers for the men said. SourceContinue Reading

A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Oct 17, 2021, 6:30 PM CDT A massive disruption now appears imminent in one of the world’s largest – and most important – industries. In much the same way that...Continue Reading