Brent futures were down 77 cents or 1 per cent at $76.23 a barrel by 1230 GMT, while US West Texas Intermediate (WTI) crude ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this depreciation include rising oil prices, weak exports, and continued capital ...

Increasing economic sanctions on Russia, a tanking ruble, and restrictions on international payments have made gold more ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

The European Union may need as many as 350 extra cargoes of liquefied natural gas (LNG) this year, Helge Haugane, the head of ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

Nestled along the Nevada-Oregon border, the McDermitt Crater is quickly gaining global attention due to its unprecedented lithium deposit. This vast volcanic structure harbors the world’s largest ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.