The Organization of the Petroleum Exporting Countries (OPEC) has revised its 2025 forecast for U.S. oil and condensate ...

WTI crude oil (CLH25) today is down -1.10 (-1.50%), and March RBOB gasoline (RBH25) is down -0.0320 (-1.49%). Crude oil and ...

Petrobras Chief Executive Officer Magda Chambriard said the Brazilian oil giant can withstand global prices sliding a little lower under Donald Trump, in part by leaning on its customers in China and ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

Holding methane super-emitters to account would be a much more straightforward and effective policy — and a much less ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

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 ...

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 ...

Canada would likely impose its own tariffs on U.S. goods if they're levied here, meaning consumers on both sides of the border could feel pain.

Unsurprisingly, as a result of (or rather the cause of) these various dynamics, the EIA’s implied demand data is robust ...

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.