The global oil industry is at a crossroads, shaped by the competing forces of geopolitical ambition, market dynamics, and the accelerating transition to renewable energy. Two key players-Donald ...

Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.

Donald Trump on Tuesday said he would reimpose sanctions on Iran's energy sector to prevent Tehran from building a nuclear ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

As Russia teeters on the brink of economic collapse, the ripple effects will be felt far beyond Moscow. For the Middle East and North Africa (MENA), a region deeply intertwined with Russia through ...

American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy prices.

China accounts for substantial portion of US imports, with any retaliation from Beijing likely to further destabilize global ...