Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its supremacy is waning China and the rest of the world remain thirsty for oil. That ...

Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...

The US is imposing new levies on countries from which it buys everything from cars to fruit and vegetables. Until now, the ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

Here are five charts that counter Trump’s many claims about Canadian trade with its neighbour. Trump has claimed on various occasions that the U.S. has a “massive” trade deficit with Canada, meaning ...

From nations in the Middle East to African hotspots, we explore which countries are behind the world's biggest oil outputs.

Gas flares from an oil production platform at the Soroush oil ... and the actual calculation is country-specific, impeding accurate comparisons across countries. More could be gained by focusing ...

and increasing the consumption of gas in the country to achieve a gas-based economy. “With a potential decline in oil production by 2030, increasing investment in oil exploration is essential.