The risks of conflict in a region that exports more than 16 MMbopd -- enough to supply all of Europe’s demand and more -- have risen since the U.S. revoked waiv...
China’s big three―PetroChina, Sinopec and Cnooc―are raising combined capital expenditure to about 517 billion yuan ($77 billion), up 18% from last year. That’s ...
Brent crude was little changed, after falling as much as 1.2%. Saudi Arabia, which has reiterated it will bring back all lost output by the end of September fol...
With prices for the fuel near their lowest in three years, traders may also be betting on a recovery by filling up LNG storage sites in the nation, which accoun...
