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Germany has declared a second stage of the gas supply crisis...

The state of alert is the second of three levels in Germany's gas supply emergency plan. On Thursday, the German government switched from...

Oil demand will slow next year, OPEC estimates

While global oil demand will increase by nearly 3.5 million barrels per day this year, growth is expected to be just two...

OPEC + Group has decided to increase oil production. It became...

Although the countries associated with the OPEC + group have decided to increase oil production during the summer months, the price of oil has...

Oil prices soar after the European Union agreed to ban its...

The European Union has found agreement on a sixth package of anti-Russian sanctions. It mainly includes an agreement to limit oil imports from Russia, which...

India is investing billions of dollars in oil and gas expansion

The second most populous country in the world has been one of the largest importers and consumers of oil for a long time. Imports cover...

The European Union will tighten anti-Russian sanctions. They will be aimed at...

The European Commission has unveiled the sixth package of anti-Russian sanctions. The aim is to stop importing Russian oil into the European Union by...

Oil slightly cheaper on fears of a drop in Chinese demand

The question marks hovering over the state of the Chinese economy have led to a slight decline in the price of oil on the...

Oil rises in price as investors see growing chances of an...

The price of Brent crude oil crossed the $110 per barrel mark on Thursday. North American WTI crude was trading at nearly $107. The two most...

Will Namibia become an oil power? New field offers great hope

Africa's Namibia could start producing oil by 2026. Shell has made a promising discovery in its territorial waters. More precise data on the deposit's...

Oil is at a seven-year high. The outcome of the Fed...

The price of Brent crude oil is still holding near the $90 per barrel mark after the US Federal Reserve meeting. Thus, black gold...

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