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Oil consumption is heading for a record this year and supply cant keep up. Find out more.

With 80 corporate sponsors signed on, the event had already raised $1 million before any of the 550 guests entered the party. As participants bought chips, bid their hands and tested their poker faces, the total take surpassed $2.1 million.

Brent crude oil price has gone nowhere in the past few months as investors weigh the ongoing demand and supply dynamics.

The industry not only benefits from extreme market volatility — it’s contributing to major price swings, experts say.

As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP Plc, made a startling admission: He thought that oil demand…

Bangladesh's state-owned Rupantarita Prakritik Gas Company Ltd (RPGCL) has issued a tender seeking one liquefied natural gas (LNG) cargo for delivery between 6 and 7 April, two industry sources said on Friday. The sources added that the tender will close on 5 March. The tender is the fourth request by RPGCL, a subsidiary of state-owned Petrobangla, for a spot LNG cargo this

Flush with cash, energy traders are now looking to get more exposure in agriculture and metals trade as they eye huge future demand

How banks are greasing the wheels of the growing grey trade | Finance & economics

Gunvor Group Ltd. has the option to terminate its deal to buy supplies from the proposed Driftwood LNG terminal after a deadline passed Tuesday for

Hardy predicts that the demand for diesel, naphtha, and liquefied petroleum gas (LPG) would increase by 2.2 million barrels per day (bpd) in 2023 compared to 2022 and reach a record level.