EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said in a ...

Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil tradersGunvor said on Monday.

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

China's largest ultra-deep oil and gas production base, the Tarim oilfield, has extracted a total of 150 million metric tons ...

Shell’s CEO Wael Sawan has said that reducing global oil and gas production would be “dangerous and irresponsible” as the world still needs those hydrocarbons.

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigeria’s oil production in February ... investment-friendly policies, and global competitiveness.

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over ...

Vienna: OPEC on Wednesday kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption, and reported that Kazahkstan led a jump in ...

CHINA’S pushing its oil refiners to reduce ... nation just as the world’s drillers need buyers for the extra barrels they are adding to the market. The country’s top economic planner wants the ...

Some say this famous dictator could have died as the richest man in the world ... by Libya’s oil. The country has the largest proven oil reserves in Africa, with crude production forming ...