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

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

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

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 ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

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

THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...

The former US President Joe Biden administration’s focus on alternative energy and reducing reliance on fossil fuels over its ...

SINGAPORE: Oil prices extended gains on Tuesday after a report showed Russian oil production fell short of quota ...