World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...

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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 ...

A number of oil refineries in Texas have complained about the quality of Mexican oil and have reportedly been turning to suppliers in Colombia and Canada.

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

lamented Nigeria’s $48 per barrel crude production cost, describing it as the highest in the world. Faleke put the cost of producing crude oil per barrel at $9 in Saudi Arabia, $21 in Norway ...

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will ...

Refiners on the Gulf Coast are shunning crude oil cargos from Mexico that feature an excessively high water content that makes the feedstock unfit for the production of gasoline and diesel fuel ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...