The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

Oil was higher in the early Asian session. “Traders are mindful of rising geopolitical tensions in the Middle East,” ANZ Research analysts said.

Discover UAE's rich pearl diving legacy, a maritime history that shaped the nation before oil, with tales of prosperity and skilled craftsmanship.

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted … ...

SIDNEY, Mont. (AP) — Authorities say an explosion at a storage and disposal plant in the oil fields of eastern Montana Wednesday night was felt by people 10 miles (16 kilometers) away but caused ...

The slide in oil prices has been “an outlier” compared with price rises associated with previous Middle East conflicts, according to latest Rystad Energy research.

Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...

Can India truly elevate its position in the global oil and gas distribution vertical, while the world focuses on potential supply chain disruptions if the Strait of Hormuz?

When looking at a map, the Strait of Hormuz might not seem all that impressive. It’s just a slim waterway squeezed between Iran and Oman. But don't let the size fool you. This narrow passage is one of ...