The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven ...

Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...

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

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...

India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...