Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

The Organisation of the Petroleum Exporting Countries (OPEC) warns that the oil sector will need $10.6tn in new investments by 2040—and up to $18.2tn by 2050—to meet rising global demand and maintain ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not ...

Acting Minister of Oil and Gas of the Government of National Unity, Khalifa Abdul-Sadig, has expressed interest in expanding ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

Libyan Oil Minister, Khalifa Abdul Sadiq has discussed with his Saudi counterpart, Prince Abdulaziz bin Salman, during a meeting on the sidelines of the OPEC symposium, ways to enhance cooperation on ...

With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

Iraq’s oil minister said on Saturday that Erbil is demanding more oil for domestic consumption and this is delaying the ...