Global oil production is projected to expand more than anticipated in 2025, according to the International Energy Agency (IEA ...

HOUSTON -Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, which could lead to an easing of the sanctions ...

In late May, Libya’s attorney general said three suspects were detained for allegedly storming the National Oil Corporation’s ...

Although this week’s economic data looked good for GDP, there is a pervasive sense of waiting for the US tariff that affected ...

Regardless of the outcome of the Trump-Putin meeting, SPI Asset Management's Innes said the summit wasn't "a magic lever for supply." That's because "Russian output isn't only capped by sanctions - it ...

HOUSTON] Oil prices closed down nearly US$1 on Friday (Aug 15) as traders awaited talks between US President Donald Trump and ...

Chevron has shipped its first Venezuelan oil cargoes to the US under a renewed license, marking a shift in US-Venezuela ...

Nigeria’s oil sector is showing signs of renewed momentum as crude production edges closer to 1.83 million barrels per day (mbpd), ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

Crude oil and gasoline futures were lower ahead of midday Friday, leaving oil contracts on track for another week-to-week decline as the market awaits the outcome of a meeting between President Trump ...