Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, ...

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August. Supply is set to rise three times faster than ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...

Of all the goals US President Donald Trump has set in his norm-shattering second term, the goal of restoring what he calls ...

S OME 120 years on, few remember the outrage provoked by the awarding of the Nobel peace prize to Theodore Roosevelt, the ...

President Trump’s moves have shaken the global trade order established in the 1940s. President Trump’s threat for a 50% ...

U.S. President Donald Trump apparently aims to reassert his power to cause a full-blown economic catastrophe, perhaps ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

Venezuela's state-run PDVSA achieved $17.52 billion in hydrocarbon sales abroad. Despite U.S. revoking foreign operation ...