World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

Saudi Arabia’s economy is categorised as high-income by the World Bank and is the only Arab country in the G20. It ranks high ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

The World Bank projects that the economic growth rate of Gulf countries will reach 3.4 percent in 2025, rising to 4.1 percent ...

In the report, Schieldrop said “all oil producers in the world know that OPEC+ has … five to six million barrels per day of reserve capacity at hand” and noted that the group “wants to ...

compared to other Canadian oil producers who move their crude to U.S. refineries, Kruger said. "I think all Canadian companies are going to experience the impact differently," he said. "If we were in ...