WTI crude oil (CLQ25) today is down -1.11 (-1.62%), and August RBOB gasoline (RBQ25) is down -0.0284 (-1.30%). Crude oil and ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?

Opec+ started to aggressively ramp up production quotas in April for the first time in over three years. The group is set to ...

By bnm Tehran bureau Iran has launched exploratory drilling operations in the Caspian Sea after years of neglecting the region due to sanctions constraints and cheaper extraction costs from southern ...

Despite delays in rig commissioning, PetroTal’s output and capex remain in line with guidance, supported by a strong ...

The market remained cautious, however, as rising Saudi Arabian production and persistent concerns over global trade tensions ...

NNPC plans to push for a 25% increase in Nigeria’s oil output quota by 2027, citing refinery growth and improved production.

OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight ...

UAE eyes top 5 oil producer status, plans capacity boost by 2027 amid shifting OPEC+ dynamics.. UAE Signals Potential Oil ...

Opec's latest outlook revises up long-term oil demand by 2.8 million barrels per day by 2050, to 122.9 million bpd ...