U.S. crude oil production rose to a record 13.49 million barrels-per-day in May, even as oversupply concerns pushed prices for the commodity to four-year lows, data from the U.S. Energy Information ...

Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% ...

Speaking at the ROSE Foundation Annual Oil Collectors’ Roadshow, CEO Bubele Nyiba shared an inspiring vision for the future ...

Market sentiment will also be shaped by the pace of Opec+’s supply unwinding beyond September. Should prices come under ...

U.S. crude oil inventories rose sharply last week as domestic production and imports increased and exports fell, according to ...

Crude oil outlook hinges on Russian sanctions and OPEC+ output decisions as traders brace for fresh supply signals and macro risks next week.

UK supermajor BP has discovered hydrocarbons at one of its prospect exploration wells offshore Brazil, the company said on ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

Nigeria's oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd.

Crude oil futures, which rose on Wednesday due to US threats of secondary tariffs on countries importing crude oil from ...

JP Morgan analysts said in a note on Thursday Trump's warnings to China and India of penalties on their ongoing purchases of ...

Chevron exceeded Wall Street's second-quarter profit estimates due to record high oil and gas output, driven by surging ...