According to data from the Observatory of Economic Complexity (OEC), Venezuela exported just $4.05bn worth of crude oil in ...

How big is the largest oil rig in the world? Find out more about the location, capacity, impact, and other facts about this ...

World oil supply will rise more rapidly this year and a surplus could expand in 2026 as OPEC+ members increase output and ...

LONDON, June 17 (Reuters) - Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle ...

International Energy Agency (IEA) said Tuesday that the decline in oil and gas production from mature fields around the world ...

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait of Hormuz, which is critical to the world’s oil production. The Iranian ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route, following U.S. airstrikes in Iran. Around 20% of the world's oil and gas ...

Islamabad has long dreamed of finding and extracting enough oil to turn around Pakistan’s fortunes, but all efforts so far have failed. ISLAMABAD, Pakistan — When President Donald Trump announced a ...