Crude oil futures fell modestly, as prospects for a peace deal between Russia and Ukraine could boost global energy supplies ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...

Oil prices deepened their losses today, Feb. 12, after OPEC maintained its forecast for global oil demand growth this year, while economic data weighe ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...

The demand for transportation fuel in India is projected to increase by 6%-8% in fiscal year 2026 on a rise in vehicle sales.

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.