Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al-Ghais said at the India Energy Week ...

Oil prices extended gains on Tuesday after a report showed Russian oil production fell short of quota and on fears of more ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its ...

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

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...

For instance, the 2025 Appropriation Bill proposes a crude oil benchmark of 2.06 million barrels per day. If the U.S. boosts its production in the same period, it could drive down global oil ...

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...