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Overview
Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.
News
High Oil Prices Deliver a Windfall for China's Coal-to-Chemicals Industry
Elevated oil prices are widening the cost advantage of China's coal-based chemicals industry and driving sharply higher profits at Baofeng Energy.
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Report
New Zealand Approves New Oil and Gas Production as Energy Security Concerns Grow
New Zealand has approved a 10-year petroleum mining permit for the Puka field as it seeks additional domestic natural gas supplies and new oil production.
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Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Oil prices fell as sharply weaker 2026 demand forecasts and a huge U.S. inventory build outweighed persistent geopolitical risks around the Strait of Hormuz.
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UAE oil output hits all time high in 2026
UAE oil output hit a record 4.1 million bpd in June, IEA data show, as the country exited OPEC and skirted the Hormuz blockade.
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China's EV Boom Is Quietly Undermining Oil's Biggest Chokepoint
China's electric vehicles displaced an estimated 34 million tonnes of oil in the first half of 2026, equivalent to roughly 1.35 million barrels per day.
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