News

This 1,000-mile river suffered decades of oil spills. Now it’s a legal person, things could change
Peru’s Marañón River was made a legal person, granting it the rights to be free-flowing and free of contamination. Mari Luz ...
OilPrice.com8h
Oil Prices Rebound As Inventory Slips
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels ...
Oil prices rise with equities, but tariff worries linger
Oil prices bounced back as equity markets mounted a recovery on Tuesday, though concerns persist over economic headwinds from ...
China Oil Firm United Energy Gets Private Loan From Arab Energy
Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...
Interior secretary gives DOGE member with oil-industry ties power to remake department
Tyler Hassen, a member of Elon Musk's DOGE team with ties to the oil industry, was recently named assistant secretary in the ...
Oil Futures Rebound as Risk Appetite Returns
Oil futures recovered most of the previous day’s losses as equities picked up, helped by reports that Treasury Secretary Scott Bessent expects the U.S.-China trade standoff to de-escalate and that a ...
Silver Lining Spied for Africa’s Gold Exporters, Oil Importers
Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the ...
Saudi Arabia, India to deepen energy ties, to set up two oil refineries
An accord was reached to establish two oil refineries in India through a joint venture between the countries, India's ...
Oil prices rise on short-covering, but tariff worries linger
Oil prices rose on Tuesday as investors took advantage of the previous day's losses to cover short positions, though concerns ...