The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

The Organisation of Petroleum Export Countries (OPEC) has disclosed that Nigeria surpassed its December quota, with oil ...

Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...

Russia announced a reduction in crude oil production below the OPEC+ target for December. The nation reported pumping 8.971 ...

Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's ...

Brent crude was down around 1.2 per cent to $76.16/bbl, while US West Texas Intermediate crude fell around, or 1.05 per cent, ...

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the ...

Consumers can expect a big-time oil price hike of up to P1 per liter on Tuesday to reflect the movement of prices in the ...

The global energy landscape in 2024 has been defined by a series of developments: a surge in renewable energy adoption, ...

ALMATY, Jan. 8 (Xinhua) -- Kazakhstan cut its 2025 oil production forecast to 96.2 million tonnes, down from the previous estimate of 97.2 million tonnes, the Ministry of Energy said on Wednesday.

HOUSTON (Reuters) -Oil prices rose slightly on Tuesday but were headed for their second straight annual loss as the ...

Brent crude oil benchmark settled down around three per cent from its final 2023 closing price of $77.04, while US WTI was ...