BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...

BP shares rise after the company said it expects to report higher production and a strong result from its oil trading ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices --- with many ...

HOUSTON (Reuters) -Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than ...

Crude oil and natural gas extraction in Texas reached record levels in 2023, according to the industry’s annual report.

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...