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

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

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 ...

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

As part of President Prabowo Subianto’s flagship program to achieve energy self-sufficiency, Energy and Mineral Resources ...

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

US refiners in the Midwest are unlikely to reduce imports from Canada as the limited substitutability of Canadian crude with ...

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

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

By Obas Esiedesa, Abuja Following the inability of oil companies to meet the demand for crude oil by local refineries, the ...

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