News

Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...
President Trump announced that Moscow and Kyiv will begin direct ceasefire talks following a lengthy call with Russian leader ...
Kazakhstan has once again breached its OPEC+ production quota in May, relying on Chevron-led output gains at Tengiz and ...
U.S. shale production is likely to plateau or decline if oil prices remain below $65 per barrel, industry leaders warned at ...
Oil prices have been rangebound of late as traders take a breather from weeks of wild swings, but geopolitical catalysts ...
State-owned PetroVietnam plans to increase crude oil imports from ExxonMobil, signaling a commitment to purchasing more U.S.
Saudi Arabia is prioritizing long-term oil market stability over short-term gains, preparing for lower prices even as it ...
Brazil’s state-run oil company Petrobras has received conditional approval from environmental regulator Ibama for its oil ...
U.S. energy giant Chevron is exploring a return to Indonesia's upstream oil and gas sector, following its 2023 exit from the ...
Woodside Energy forecasts a 50% surge in global gas demand by 2030 and is expanding its LNG portfolio in the U.S. and ...
China's imports of Russian crude oil decreased in April as imports from Malaysia, a key trans-shipment hub for Iranian oil, ...
OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.