Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil ...

The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on ...

President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

CEOs of Canadian oil and gas producers said on Tuesday they are seeking to avoid making abrupt decisions about spending or ...

The sell-off in the crude oil market is expected to bring down the pace of US production growth, according to Rystad Energy.

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

Mexico's finance ministry has revised its crude oil production forecast for the year, lowering it by 129,000 barrels per day ...

Possibility of the Federal Government meeting its oil production target set in the 2025 national budget may have been disrupted, as a protest by the Itsekiri community in the Niger Delta halts ...