NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) is launching a program to revitalize its upstream hydrocarbon sector. Last year, the agency unveiled six new onshore ...

Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, ...

Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.

Lower oil prices will affect most oil stocks. However, some companies are in a better position to weather lower oil prices ...

The Nigerian Upstream Petroleum Regulatory Authority (NUPRC) says Nigeria’s oil production increased to 1,485,700 barrels of ...

The lower export plan is part of Iraq's efforts to deliver on its schedule of compensation cuts pledged to OPEC+ ...