Gasoline prices just dropped more in a single-day than they have in over a decade. Gasoline fell overnight to $4.721 per gallon, a 3.1% drop that was larger than any…

As Japan is contending with a weakening currency, a heatwave, and dealing with the fallout from the Ukraine war on the global stage, it is also facing an energy crisis.…

Exxon Mobil Corp second-quarter profit expectations were sharply increased on Tuesday after the company projected it could possibly double first quarter earnings. The analysis signaled strong performance in the oil…

Goldman Sachs says oil’s recent decline will likely be short-lived. Goldman Sachs commodities strategist Damien Courvalin said in a note, “We believe this move has overshot. While risks of a…

For the first time since May 11th, WTI crude futures fell below $100 per barrel as investors begin to come to terms with the likelihood of an economic contraction produced…

Planned strikes in Norway drove natural gas in Europe to the highest level in nearly four months. Benchmark futures, already up over 200% since January, rose 10% just on Monday.…

Norway’s gas output could be cut by 13%, up to 292,000 barrels of oil equivalent per day, by a planned strike next week, according to the Norwegian Oil and Gas…

Although most shippers have decided to eschew Russian oil shipments for political reasons, business reasons, or out of difficulty in finding necessities like insurance or other shipping services, a few…

Oil Slid slightly as the week began while investors weighed the possibility of a global slowdown against the tightness of the market and the possibility of further supply interruptions. After…

Already forced to sell at a discount due to American sanctions, Iran is being forced to discount its crude even more as cheap sanctioned Russian oil now floods all the…