West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.40 during the early Asian trading hours on Friday. The WTI rises to near a two-week high amid signs of strong US demand ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

Global crude oil exports continue to hold strong and above the latest ten-year seasonal average. Demand, however, is also ...

Everyone in the energy business spends some time thinking about future oil prices. Up. Down. Flat. Regardless of the direction, price changes impact oilfield spending and activity. Given the ...

Chevron resumes importing Venezuelan crude to the U.S. as two tankers arrive, following a new license amid sanctions. The voyages highlight ongoing negotiations with PDVSA and are part of Chevron's ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

Empire Petroleum struggles with high costs and unprofitability. The oil market outlook is deteriorating. See here for an in-depth analysis of EP stock.

"There is no guarantee that the settlement will happen soon after Alaska. Disruptions are not just possible — they are ...

Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...

Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint ...

A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that ...

US supermajor Chevron is poised to return to Iraq after on Tuesday signing an agreement in principle for the Nassiriya ...