Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al-Ghais said at the India Energy Week ...

Crude oil futures started the week with gains Monday after three straight weeks of losses that took oil to YTD lows, undeterred by President Trump's plans to place tariffs on all steel and aluminum ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...

Shri Arun Kumar Singh, Chairman and CEO, ONGC, said “By engaging a TSP, ONGC aims to realize the enhanced potential of the ...

For instance, the 2025 Appropriation Bill proposes a crude oil benchmark of 2.06 million barrels per day. If the U.S. boosts its production in the same period, it could drive down global oil ...

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...

THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...