One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

The move is considered mostly symbolic, as it will not impact areas where oil and gas development is currently underway, and ...

Donald Trump said he will work to immediately reverse President Biden's action to protect 625 million acres from offshore oil ...

While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...

Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since ...

Year-over-year, U.S. oil production rose 2.3% in October, while West Texas Intermediate crude futures prices CLc1 averaged 16% lower during the month, according to Reuters calculations.

It is now a belief among many in energy markets that president-elect Donald Trump will succeed in driving oil prices down, possibly even further than during Joe Biden’s term.

Year-over-year, US oil production rose 2.3 per cent in October, while West Texas Intermediate (WTI) crude futures prices averaged 16 per cent lower during the month, according to Reuters calculations.

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday ...