As a heavy fuel importer, Pakistan could see its current account deficit widen by $1.5–$2 billion for every $10 oil increase.

Chevron’s push into Venezuelan heavy crude highlights a refining mismatch in U.S. energy markets, where complex refineries ...

Brazil, already South America's largest economy, is on track to become a top four global oil producer following massive pre-salt discoveries, joining OPEC+ in 2025, and seeing a surge in investment ...

South America's energy landscape is rapidly changing with Brazil, Guyana, and Argentina driving non-OPEC oil growth, while ...

SANTIAGO, Chile, Oct. 23 (UPI) --Latin America is gradually positioning itself as a key player in the global energy landscape. Investments in oil and gas are revealing a different side of the region, ...

This view shows the bulk carrier Ithaca Patience (R) and the crude oil tanker Nord Star, both from Panama, anchored on Lake Maracaibo, Venezuela, on Jan. 7, 2026. MARYORIN MENDEZ AFP via Getty Images ...

India's crude oil imports from Russia dropped 12% in January, driven by a halt from Jamnagar refinery amid increasing sanctions.

HOUSTON/LONDON, Jan 13 (Reuters) - The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on ...

Africa’s hydrocarbon landscape continues to shape global energy markets, but the story beneath the surface is more complex than daily crude oil production figures alone. ・Africa’s energy sector is ...

Côte d’Ivoire announces commercial offshore hydrocarbon discovery Eni finds oil, gas at Calao South well Government targets 200,000 bpd output by 2030 The Ivorian government on Monday announced a new ...