June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...

Indonesia's new government aims to revive oil and gas production, with plans to cut regulations, reactivate idle wells and ...

The value of Nigeria’s offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by ...

Crude oil prices gained more than 1% on Monday after dropping 7% last week as the market focuses on demand concerns.

Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...

Nigeria was not only the biggest oil producer in Africa, but also the largest crude oil exporter in the continent. The ...

Petrobras plans to revitalize production from aging oil fields and explore new deposits to maintain oil output in the coming ...

Many price forecasts have been called misguided or heretical but ultimately proved valid. Pundits are too quick to embrace ...

Mexican state oil company Pemex (PEMX.UL) will curb the activity of its exploration and production arm in the last quarter of ...

One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...

Malaysia's palm oil industry has a problem, according to a trader of the commodity. Gaurav Kochar, a trader from India, said ...