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

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

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

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

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 ...

Oil has fallen 8.8% since Trump’s January 20 inauguration as his positions on everything from tariffs to war in the Middle ...

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

Looking ahead, oil traders expect OPEC and allies to stick with their current supply policy at a review meeting next week, resisting pressure from Trump to boost production and bring down crude ...

(Bloomberg) -- The billionaire family behind one of Europe’s largest independent oil companies is boosting ... to its historic focus on fossil fuel production, expanding into areas like natural ...

Adding to the headwinds, economic activity in China, the world’s largest oil importer ... That was partly offset by rising production in Kazakhstan, where output hit a record of more than ...