Energy ministers will discuss natural gas price ceilings as one strategy to tackle excessive energy prices around the European Union, according to Reuters. According to the publication, topics up for...

Although OPEC is sometimes held up as the standard suspect when it comes to rising crude oil and gasoline prices, the organization is not to blame for the present inflationary...

In response to a sharp decline in deliveries to Europe, Russia's gas giant, Gazprom, reported on Tuesday that its natural gas exports fell 36.2% to 78.5 billion cubic metres between...

On Monday, the price of WTI and Brent crude dropped by more than 5% as China's central bank lowered lending rates to boost demand after July economic statistics turned negative...

Due to higher oil prices, Saudi Aramco announced a record net profit of $48.4 billion for the second quarter of the year, a 90% increase over the same period last...

Following a four-hour discussion, the presidents of Russia and Turkey, Vladimir Putin and Tayyip Erdogan, decided to strengthen their collaboration, according to a joint statement from the two countries. Deputy...

According to a Bloomberg report, Russian oil has been selling at a significant discount to Saudi crude, and as a result, Russia's share of the Indian oil market is increasing...

Saudi Arabia, the most active producer and exporter of oil in OPEC, has increased the official selling price of its crude grades for September loadings to its most important market,...