Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil tradersGunvor said on Monday.

The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

Vitol CEO Russell Hardy said on Monday that he expects global oil prices to move in a lower range than over the past three to ...

Brent spot prices softened to lows of $69.7 a barrel last week as global markets reacted to ... and other OPEC nations to “bring down the cost of oil” while doubling down on his threat to ...

He added that the consultant will determine the true cost of oil production. “We need to know the scope of work for the international consultant who will evaluate the cost of production from ...

Oil futures finished with small gains Thursday, snapping a four-day losing streak after ending the previous session at nearly ...

David Rowe “Trump wants, needs, and is likely to persist in using all tools at his disposal to deliver lower energy prices,” Citi’s Max Layton, global ... Lower cost oil-producing countries ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

“If 1,000 of my efforts can make one person from the other side of the world watch my film, I am willing to put in those efforts because my ‘The Paradise’ deserves a global audience ...