Petrol

WTI crude oil prices have fallen sharply to around $80 per barrel following a tentative peace agreement between the United States and Iran. This deal includes the reopening of the…

Global oil prices climbed back above $100 per barrel following fresh US military strikes on Iran, signaling renewed volatility in energy markets already strained by geopolitical tensions. The attacks targeted…

The American Petroleum Institute (API) has reported a significant increase in crude oil inventories across the United States for the week ending February 20. According to API estimates, stocks grew…

This article provides a comprehensive, expert-level explanation of what the average price of gasoline in the United States means, how it is calculated, what factors influence it, and why it…

Heating oil and diesel fuel originate from similar petroleum refining streams, yet they are formulated, regulated, and taxed for distinct purposes. Confusion arises because both fuels share comparable hydrocarbon ranges…

Hong Kong’s stock market ended Monday on a steady note, with the benchmark Hang Seng Index posting only a modest gain. The index edged up by 8 points to close…

After a four-day surge, oil prices found stability as global markets reacted to new geopolitical developments. Brent crude settled near $62 per barrel, holding onto gains of roughly 5% from…

Venezuela has long been recognized as one of the world’s most oil-rich countries. According to data from the Organization of the Petroleum Exporting Countries (OPEC), Venezuela holds an estimated 303…

Mexican President Claudia Sheinbaum has firmly defended her administration’s decision to continue shipping oil to Cuba, describing it as an act rooted in sovereignty and humanitarianism. Speaking at a morning…

China is set to achieve a significant milestone in its energy sector in 2025, with crude oil output expected to reach an unprecedented 215 million metric tons, according to data…