Eight OPEC+ members have been rapidly unwinding a set of voluntary production cuts in recent months. These output trims were ...

Crude oil futures fell with expectations of further OPEC+ production increases in July outweighing the easing of trade ...

Petrobras (NYSE:PBR) said Wednesday it started operations at a new diesel hydrotreatment unit at Brazil's largest refinery.

Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...

Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the ...

Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...

Kazakhstan's Energy Minister Erlan Akkenzhenov said on Thursday that an oil price above $70-$75 per barrel is likely to be ...

In 2024, both ExxonMobil and Chevron hit new highs in oil production, exacerbating the crisis they publicly claim to be ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...

Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...

Lybrook sits in the heart of New Mexico’s San Juan Basin, a major oil and gas deposit that, along with the Permian Basin in ...

The Supreme Court backed a multibillion-dollar oil railroad expansion in Utah Thursday in a ruling that scales back a key ...