Global oil price stuck in triple digits. Goldman Sachs says it may stay there for years

Oil prices edged lower on Friday after a tumultuous day that saw the international benchmark surge above $119 a barrel as the Middle East conflict deepened energy supply fears.

ADNOC and OMV are set to complete chemicals mega-merger by end of March

Abu Dhabi National Oil Company and Austria's OMV expect to complete by the end of March a mega-merger to create ​a global ...

What the release of 150 million barrels of oil means for reserve sites in Texas

The U.S. has agreed to release more than 150 million barrels of oil from its strategic petroleum reserve. What does that mean for the stockpile located in salt caverns along the Gulf Coast?
SHALE Magazine

Crude Oil Prices Vs Petrochemical Feedstocks: Which Is Better For Your Bottom Line?

Energy feedstock price analysis is critical for 2026 profitability. Compare crude oil vs. petrochemical feedstocks to ...

The U.S. is the world's leading oil producer. So why are gas prices soaring?

"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.
Tehran Times

Strait of Hormuz importance not limited to crude oil: energy market analyst

TEHRAN- The Iranian Oil, Gas, and Petrochemical Products Exporters Union (OPEX) spokesman and oil and energy market analyst, pointing to the dependence of 700 refineries worldwide on oil produced in ...