The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has secured approval for its development of the Anambas block in ...

Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

TOKYO (Reuters) - U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude ...

Despite near-term challenges, Exxon Mobil trades at a discount to fair value. Click here to read an analysis of XOM stock now ...

Morgan Stanley now forecasts Brent crude to fall to ~$55/bbl in H1 2026, weighed by a "triple headwind" of weaker demand due ...

While recessions are cyclical, stagflation is a rare and complex phenomenon caused by a major supply shock to essential items like oil or food. When supplies are limited, prices go up at an abnormal ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.