Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Brazilian state-run oil giant Petrobras said on Wednesday it has signed a memorandum of understanding seeking to cooperate ...

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 Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

UK-based player is advancing major gas import initiative at Bressay, enhanced oil recovery at Kraken, and new infill drilling ...

Oil prices extended gains from the previous trading session despite fears that Trump’s trade tariffs might hurt global growth.

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports create a bullish outlook for oil markets ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its ...

On Thursday, Trump repeated a pledge to boost U.S. production, already the highest in the world, in a bid to lower oil prices and ease consumer inflation. Oil prices gave up early gains after ...