The Nigerian National Petroleum Company Limited (NNPCL) says it is ramping up efforts to raise the country’s oil production capacity ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...

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

Oil prices rose on Friday, following US President Donald Trump's announcement of an upcoming statement concerning Russia, ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

Oil prices steadied in Asian trading on Friday after sharp losses the previous day, as investors assessed new U.S. tariff ...

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement ...

Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...