Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

NEW YORK, Jan 2 (Reuters) - Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel ...

HOUSTON, Dec 31 (Reuters) - Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

It turns out that sometimes things are bigger in the United Kingdom. Rolls-Royce has just run the UltraFan demonstrator aero engine at full power. The massive engine is the world's biggest and can ...

The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...

Lemon oil is extracted from the skin of the lemon. The essential oil can be diluted and applied directly to the skin or diffused into the air and inhaled. It is a common ingredient in various skin ...

Jeff Bezos’ aerospace firm Blue Origin fired up the engines on its massive new rocket, the New Glenn, on Friday — a last critical test needed to pave the way for the vehicle’s debut launch ...

Iranian Foreign Minister Abbas Araghchi said on Friday that the issue of Iran's nuclear program and efforts to lift Western sanctions will witness a new dynamic in the new year, noting that more ...

AVL RACETECH, the motorsport division of AVL, unveiled in 2022 a groundbreaking prototype of a hydrogen-powered internal combustion engine. This 2-liter turbocharged engine is fueled by hydrogen and ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US ...

Billionaire Elon Musk's artificial intelligence (AI) company on Monday, December 23, raised $6 billion from marquee investors like BlackRock, Nvidia Corp., and AMD, among others, to expand AI ...