The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the ...

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

The company is currently in the midst of a wrongful dismissal lawsuit with a former employee, a safety engineer from London, ...

Kazakhstan's oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and ...

President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

Mexico's finance ministry has revised its crude oil production forecast for the year, lowering it by 129,000 barrels per day ...

Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S.

A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...