Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

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"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has praised the Federal Government for its decision to ban the exportation of crude oil allocated to local refineries.

Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...

Oil rose in late trading after US President Donald Trump said the US would impose tariffs on imports of crude, a move that ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...