Read the latest news articles relating to the oil and gas industry.
The cut in global supply from the wars in Ukraine and Iran have made wholesale diesel prices more than double since the beginning of 2026. Last week, President Donald Trump lifted restrictio... Read more
Gas prices set a record on Wednesday for the most days in a year that the national average topped $4 a gallon. The average regular gasoline price stood near $4.33 per gallon, about $0.02 les... Read more
September brought little relief to the accelerating cost of living, as consumer prices increased again and kept the inflation rate well above the Federal Reserve’s goal. The consumer p... Read more
The IEA said replenishing lost inventories may not begin before the second half of 2027, even as refinery output recovers. Diesel exports fell by 700,000 barrels a day year on year in Septem... Read more
US President Donald Trump said Wednesday that oil, gas and mineral exploration was preparing to begin in Greenland, and hailed the Arctic island’s position for US and European security... Read more
U.S. President Donald Trump said Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska. The terms of the deal remain unclear, though Taiwan’s state-owned CPC Corp r... Read more
A Saudi-led coalition reportedly struck Houthi energy terminals and fuel reserves in Yemen. U.S. Central Command rejected Iran’s claims that the Strait of Hormuz is under Tehran’... Read more
By Parisa Hafezi, Jonathan Saul and Phil Stewart DUBAI/LONDON/WASHINGTON, Oct 14 (Reuters) – Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it se... Read more
President Trump has begun to downplay his new deal with Russia after a plan to allow imports of Russian diesel into the US came under withering criticism, even from members of his own party.... Read more
More Republicans are speaking out against President Donald Trump’s decision to let Vladimir Putin’s Russia temporarily export diesel fuel on the global market. Republican Sens. T... Read more
