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 ...

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

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

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

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

A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid ...

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on ...

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

Norwegian oil and gas producer Equinor will proceed with the development of its Rosebank oil and gas field, the company's UK ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

In the report, Schieldrop said “all oil producers in the world know that OPEC+ has … five to six million barrels per day of reserve capacity at hand” and noted that the group “wants to ...