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

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

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

Oil prices eased after Thursday's rebound ahead of the meeting in Alaska between Trump and Russia's Vladimir Putin. Grain LNG comprises two National Grid subsidiaries which own and operate the U.K.'s ...

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Nigeria produced 1.507 million b/d in July, above its 1.5 million b/d OPEC limit. • Output recovery driven by facility restarts and tighter Niger Delta security. • Abuja to seek higher quota at ...