The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

For now, though, the market remains relatively tight through the northern hemisphere summer." "Meanwhile, the International Energy Agency (IEA) is scheduled to release its latest monthly Oil market ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Oil producer group OPEC made a bold prediction on Thursday that global oil prices will continue to rise till 2050, contrary ...

Oil prices climbed on Friday as the market considered potential US sanctions on oil-producer Russia and another round of tariff threats, with prices heading for a modest weekly gain.

As OPEC+ allies restore 548,000 barrels daily, creating oil market volatility, procurement executives face supply chain risks ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...

The IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast, ...

Wale Tinubu, group chief executive of Oando Plc, delivered a pointed intervention at the OPEC International Seminar in Vienna ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...