As China and India's economies continue to grow, so too will their struggle to wean off reliance on dirty coal. 

The US Energy Information Administration Jan. 9 lowered its 2024 crude price forecasts by 8 cents/b to $77.99/b for WTI and $82.49/b for Brent, and the agency expects prices to fall further in

China's combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate of 11.7 million mt of oil

The Asian high sulfur fuel oil market could be sluggish in 2024 as more-than-adequate supplies and a steady decline in utility demand are expected to offset incremental consumption by new scrubber-installed ships coming

OPEC+ will have to maintain production cuts for this year as new supply continues to reach the market from countries such as the US, Guyana, Venezuela and Brazil, top commodities trader Vitol's head

Ecuador's hydrocarbons industry reinforced security at oilfields, refineries and pipelines Jan. 10 as the country struggled to control a crime wave which left at least 10 dead. Gunmen linked to drug trafficking on

Sub-freezing temperatures forecast for West Texas in mid-January are threatening production freeze-offs in the Permian Basin, potentially fueling a continued rise in spot gas prices at Waha. Over the next week, an artic

The first quarter of 2024 is kicking off with European steelmakers slowly resuming production, suspended since mid-2023 to maintain subdued steel prices. In their attempt to end the downtrend in the European coil

SpaceX on Wednesday announced the successful demonstration of texting via recently launched Starlink satellites through T-Mobile's network.

Bitcoin spot ETFs offer a cheaper way to invest in bitcoin due to lower fees compared to some centralized crypto exchanges.