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 ...

The Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) has expressed confidence that Nigeria can meet its 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 ...

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 ...

Liam Gallagher responds to Oasis fans seeing their tickets cancelled, phone users have been warned to check half-term roaming charges - and we're relaunching our Women in Business series, where we ...

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the semiautonomous northern region is ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

The focus on reduced production rates in Russia, and a more optimistic tone in US and other developed market indices helped crude break the downtrend that’s been in place since 15 January, with a mix ...

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

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31 ...

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...