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Turkey is weighing whether to raise electricity and natural gas prices, according to people familiar with the matter.
Billionaire oil wildcatter Harold Hamm's Continental Resources Inc. plans to increase production.
'It is imperative that international law is respected and that Iran fully re-opens the Strait of Hormuz', a statement posted on the UK government website said.
Why has the West Texas Intermediate (WTI) oil price surpassed Brent?
Oil prices surged above $110 as escalating US-Iran tensions raised fears of prolonged disruptions through the Strait of Hormuz.
U.S. President Donald Trump is coming under increasing international pressure after he pledged in a primetime speech to continue the war on Iran, sparking further turmoil in energy markets.
Standard Chartered Bank Energy Research Head Emily Ashford warned that the next OPEC+ meeting on April 5 'could result in abandonment of voluntary output cuts and compensation cuts'.
Oil is right in the middle of a geopolitical knife fight, and the market is feeling every jab, Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said.
President Donald Trump said the war in Iran is 'very close' to completion, even as he said the U.S. plans to launch fresh attacks on the country.
The UAE urged the UN to authorize a range of measures, including force, to reopen the Strait of Hormuz as Persian Gulf countries pressure Iran to restore free passage along the vital global energy cor...
U.S. President Donald Trump said he'll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened.
'This was not simply an oil rally', Ole Hansen, Saxo Bank's Head of Commodity Strategy, said.
Oil prices plunged today on fresh de-escalation hopes, Naeem Aslam, CIO Zaye Capital Markets, said.
'The UK government faces renewed pressure to change its policy on the North Sea', Wood Mackenzie said.
Another Greek-controlled oil tanker has crossed the Strait of Hormuz.
Oil declined as Iran and the US signaled potential de-escalation despite ongoing supply disruptions.
The U.S. Energy Information Administration announced that it is launching three voluntary pilot field studies to evaluate energy consumption in data centers.
President Donald Trump lashed out at allies for not supporting the U.S. war in Iran.
Crude oil markets are holding firm in a geopolitically driven but macro-sensitive environment, Naeem Aslam, CIO at Zaye Capital Markets, said.
The U.S. Embassy in Venezuela is formally resuming operations Monday.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.