OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...
Kuwait’s Council of Ministers approved a draft decree that paves the way for the OPEC-member Gulf state to sell debt for the ...
Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...
Scott Sheffield, the shale pioneer who sold his company to Exxon Mobil Corp. and was banned from its board by the US Federal ...
The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.
OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...
New U.S. sanctions targeting Iran's oil industry and oil minister have boosted oil prices, countering the negative impact of the IEA's report which indicated oversupply and reduced demand forecasts.
Falling fossil-fuel prices may tempt some to switch back to old habits but that will prove a climate-change disaster.
Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...
Oil prices rose on Friday as the US tightened sanctions against Iran, in addition to ongoing trade tensions. The White House ...
Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...