When it comes to oil importers, the US and China are the top two. Despite having their own oil reserves, their huge energy ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

Oil output in Kazakhstan, one of the world's 10 biggest producing countries, returned to growth last month and matched an all ...

U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according ...

Top 10 Largest Crude Oil Producers in 2023 As we dive into the world of crude oil production, it’s essential to recognize the key players shaping this vital industry. Based on recent data, here’s a ...

The phrase used to justify American military presence in the Middle East – “to stabilize the region” – has been used for ...

The Strait of Hormuz remains a vital artery for global oil flows, with approximately 32% of the world’s crude production and ...

After US strikes, Iran could block the Strait of Hormuz and continue nuclear proliferation by possibly getting a warhead from an ally.

Geopolitical shock propels oil markets higher ​Global oil markets have been shaken by Sunday's US bombardment of nuclear ...

Auto enthusiast Jay learns about oil prices amid Israel-Iran conflict from financial analyst friend, Juhi, discussing ...

Beneath layers of ancient rock, a high-pressure process is reshaping the modern energy landscape. As fracking expands across ...