ODESSA, Texas (KMID/KPEJ) – 8 members of OPEC+ (Organization of the Petroleum Exporting Countries) say the organization will boost oil production in August 2025, by 548,000 barrels per day. These ...

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

2022 has been a dismal year for oil & gas exploration, complicating plans to wean the world off Russian oil. The Biden administration is finding itself between a rock and a hard place as its ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

In total, the oil and gas Petrobras is set to produce by 2050 will emit an equivalent of 7.9 billion tonnes of CO2 – ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Oil production was at an all-time high in August and the United States continues to be a net exporter of oil and petroleum products.

The collapse in the price of oil has squeezed energy companies and countries that were betting on higher returns. Here’s what it costs on average to pump a barrel of oil in the 20 biggest oil ...

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Infographic: How much oil does Russia produce? Russia is one of the largest producers of crude oil, and it provides more than a third of Europe’s oil imports.