Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

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 ...

The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...

President Sheinbaum designated 2025 as Year of the Indigenous Woman in Mexico before addressing a variety of issues at her ...

The Natural Resources Minister called out the opposition for their lofty promises and claims of how they would manage the oil and gas sector of the country. He said: “You come to the National Assembly ...

DUBAI, United Arab Emirates (AP) — Fighting around Sudan 's largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending ...

Thanks for being with us. So, Scott, the U.S. is right now producing more oil and natural gas than any other country in the world at any point in history. So what does declaring a national ...

Donald Trump announced a flurry of executive orders on his first day in office, but for now, at least, he has held off slapping universal tariffs on all imports. Financial markets breathed a sigh of ...

The country also aims to boost oil production from 1.4 mb/d to 2 mb/d by 2028 but requires significant investment to achieve this goal. Kuwait, another OPEC member, plans to nearly double its oil ...

Concrete steps are being taken by President Bola Ahmed Tinubu, Governor Siminalayi Fubara and critical stakeholders in Rivers State to restart oil production in Ogoniland. The President and the ...

The Ukrainian army says it has fired a wave of drones into Russia, sparking a blaze at the country’s oil depot and causing explosions at a plant producing military aircraft. The army said on ...

In regard to the crude oil price, Anderson said the November West Texas Intermediate price was about $70 a barrel and the North Dakota Market was at $63.63, which is 9.1% below revenue forecast.