London — China, the world's largest crude importer, has started to reduce its reliance on West African oil, smitten by the lure of cheaper Iranian oil amid a backdrop of swollen…
Caracas, Venezuela — An explosion at a 20-inch pipeline that provides natural gas to the PIGAP II gas reinjection plant in northern Monagas state in Venezuela was the result of a…
In the fall, the global economy came out of COVID-19 hibernation, and demand for oil and gas began to outstrip supply. Christopher Furlong/Getty Images
LONDON (Reuters) - Oil prices climbed above $70 a barrel for the first time since the start of the coronavirus crisis, after the U.S. Senate passed a $1.9 trillion economic…
SINGAPORE (Reuters) - Oil prices rebounded more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a slowdown in China's February factory activity…
Investing.com - Crude prices rose for an eight day in a row on Wednesday as the U.S. government reported another weekly drop in stockpiles that bucked market expectations — though…
Investing.com – Crude oil prices jumped to pre-pandemic 11-month highs on Tuesday as investors bet the pandemic's grip on energy demand is coming to an end as the rollout of…