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

Record 2024 exit volumes of 41,908 boe/d(2) and Q4/24 production of 41,051 boe/d (82% oil and liquids)Adjusted Funds Flow(1) of $2.10/share or ...

Oil rose on a possible technical recovery after oil futures dropped moderately overnight ...

President Trump in a social media post on Thursday threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned to impose a 50% import tax on U.S. whiskey ...

Since exploration began in the upper Paleozoic reservoirs of the Wind River, Bighorn and Powder River basins in the 1920s, the area has produced some 4 billion bbl of oil, equivalent to about six ...

The agreement signed by BP to develop four oil fields in Iraq is anticipated to increase the country's production by 150,000 ...

Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and ...

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

Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license ...

The OPEC producer allocated 34 million barrels of Saudi oil in April to its Chinese customers, down from 41 million barrels ...

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.

CALGARY (Reuters) -Oil prices fell over 1% on Thursday as markets weighed macroeconomic concerns, including the risk that ...