The world invested $1.8 trillion into the energy sector last year, down 2 percent from the previous year, the International Energy Agency reported.
The pullback in oil prices takes place within the environment of a well-established uptrend, writes Daryl Guppy.
Oil prices stabilized on Tuesday as worries over supply disruptions balanced signs of increasing production and potential damage to global growth from the U.S.-China trade dispute.
Jim Cramer explains that even though the price of oil is dropping, now could be the time to buy shares of oil companies.
Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplies from Iran, despite U.S. sanctions on the Middle Eastern country.
Russian President Vladimir Putin suggested that Moscow and Washington could cooperate to soothe volatility in the oil market that has roiled the industry in recent years.
Amazon's fourth annual Prime Day comes amid rising fuel costs.
Tesla announced this week that, for the first time, any car buyer can put in a purchase order for a Model 3, but auto-market experts say there are reasons for consumers to think twice, from price to tax rebates.
Jim Cramer makes the case to value the market just as it is.
The World Economic Forum and Accenture estimates digitization could bring more than $425 billion of value for the mining industry, customers, society and environment over the next 10 years (to 2025). It’s vital not to be left behind.
The Trump administration is reportedly considering selling 5 million to 30 million barrels of oil from the Strategic Petroleum Reserve.
Trump claimed Germany could soon get 70 percent of its energy from Russia, but the forecast is doubtful.
Kuwait has been one of the least attractive Middle East markets for investors, but plans from index providers to upgrade Kuwait to emerging markets status is boosting stocks.
Apple in partnership with several of its suppliers announced on Thursday a $300 million fund for investing in renewable energy projects in China.
Oil supply worries eased this week after Libyan ports reopened and Washington signaled Iran might still export some crude despite U.S. sanctions.
The wind farm will be located in the Baltic Sea off the coast of Denmark.
Technology and clever thinking could transform the way ships move around our oceans and seas.
OPEC’s rejuvenated bid to tame crude prices could soon exhaust the world’s spare capacity cushion, according to the latest monthly report from the International Energy Agency (IEA).
Oil prices pulled back on Thursday after sources said Libya's Abu Attifel oil field, which had been shut for about two weeks, has resumed operations.
President Donald Trump launched a scathing attack on German support for one of Europe's most contentious energy developments Wednesday, saying Germany is “totally controlled” by Russia.