The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...

Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...

The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...