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 ...

President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output ...

Donald Trump’s gleeful “Drill, baby, drill” pledge chimes with the idea of weaponising America’s status as the world’s ...

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 ...

President Joe Biden will prohibit future oil and gas leasing across large swaths of the Atlantic, Pacific, eastern Gulf of ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in ...

Suncor Energy achieved record-breaking oil production and refining in 2024 due to increased demand, high upgrader utilization rates, and the completion of the Trans Mountain Expansion Project.

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