Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended ...
Suncor Energy plans to raise its annual upstream oil production in 2026 to between 840,000 and 870,000 barrels per day through major investments, contributing to a record-high production forecast for ...
In announcing the U.S. had seized an oil tanker off Venezuela on Wednesday, President Donald Trump said of its crude, “We’ll keep it, I guess.” ...
Russian oil refining, gas and coal production will remain broadly unchanged in 2025 compared to 2024 levels, the energy ...
OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...
The International Energy Agency trimmed estimates for a global oil supply surplus this year and next for the first time in ...
LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, ...
The ongoing drop oil-prices is being cushioned by the Central Bank of Nigeria CBN’s) flexible foreign exchange (FX) regime, ...
In recent days, Iraq's oil ministry officially invited US companies to acquire Russian oil giant Lukoil's stake in the West ...
On September 2, United States President Donald Trump released grainy footage of a missile obliterating a fishing boat off Venezuela’s coast. Eleven people died instantly. The administration called ...
For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...
The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, the International Energy Agency said.
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