Eddy County, New Mexico, remains the most active county in the Permian with 44 rigs, down one for the week. Lea County, New ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: ...

There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not ...

The potential sale of the refineries comes amid growing criticism of NNPC’s past spending. Although the facilities did not undergo full Turnaround Maintenance (TAM) in recent years, the National ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...