Nigeria retained its position as the largest crude oil producer in Africa after an increase in the country’s January output, according to the Organization of the Petroleum Exporting Countries (OPEC) ...

United States (US Energy Secretary Chris Wright was in Venezuela on Wednesday for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of ...

Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade.

In the 1960s, major oil-producing nations formed a cartel to drive up the price of oil. It worked. For decades, nations in ...

The real threat to a secure and sustainable supply of rare earths is not that they are scarce, but that so much is wasted.

Kuwait plans to raise oil production capacity to 4 million bpd by 2035, leveraging low costs, offshore development, and ...

The Organization of Petroleum Exporting Countries and allies, known as OPEC+, left its oil production for March unchanged on Sunday, reaffirming the cartel’s decision to stop further output hikes ...

Oil prices dropped 4.6% on US-Iran diplomatic talks and OPEC+ production decision. Brent crude fell to $66.10, WTI to $60.92 ...

Prices fell after the Organization of Petroleum Exporting Countries and allies (OPEC+) left production unchanged during a weekend meeting, as broadly expected. Brent oil futures for April delivery ...

The oil cartel has affirmed its earlier decision to pause production increases after an online meeting on Sunday. The move ...

Investing.com -- Oil prices fell Friday after the Donald Trump administration eased some sanctions on Venezuela’s energy industry, but were still heading for hefty monthly gains on heightened ...