Sinopec, China’s largest petroleum and chemical corporation, completely halted all Russian oil purchases in March, while ...

The global price of crude oil on Thursday fell by 1 percent amid an escalating trade war between the United States of America ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

HighPeak's Q4 2024 oil production dropped 12% YoY despite higher total output. Discover 2025 projections and the impact on ...

Alberta’s government is moving ahead with plans to allow oil sands producers to pay their royalties in bitumen, letting it ...