Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.

OPEC+ jolted markets by announcing it would flood the market with more oil.

Shell trimmed the second-quarter outlook for its integrated gas division output and liquefied natural gas production and ...

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 ...

The global AI in oil and gas market size was US$ 2.3 billion in 2021. The global AI in oil and gas market size is estimated to reach US$ 7.1 billion by 2030, growing at a compound annual growth rate ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Zainab Iyiola, a rising Nigerian researcher in petroleum engineering and data science, is gaining recognition on the global academic stage for her contribution to a groundbreaking study on enhanced ...

Allied Analytics Growing industrialization and offshore energy investments are driving demand for OCTG, with government support and shale d ...

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

NuVista Energy Ltd. (TSX:NVA, 'NVA' or 'NuVista') is providing revised guidance to our annual production volumes and ...