Argentina sets a new production record, becoming Latin America's fourth-largest crude oil producer, driven by the prolific ...

Energy markets face a turning point as OPEC+ production hikes weigh on oil, natural gas builds a bullish base, and the US ...

China will continue amassing crude oil in strategic and commercial reserves well into 2026, according to Frederic Lasserre, global head of research and analysis at commodity trading giant Gunvor.

Crude oil inventories fell by 9.3 million barrels to 415.4 million barrels in the week ended Sept. 12 as exports almost doubled and imports fell.

Despite recent concerns in the downstream oil sector, the federal government has reassured Nigerians that there will be no ...

While most investors were focused on Fed policy, gold and tech earnings, a supply crisis was quietly brewing in global energy ...

The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...

SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...

Oil prices climbed about 3% to a seven-week high on Wednesday as a surprise drop in U.S. weekly crude inventories added to a ...

A key crude oil distillation unit has been destroyed at the Ilsky oil refinery in Russia’s Krasnodar Krai by Ukrainian Special Operations Forces (SOF), together with the Russian resistance movement ...

Nigeria’s upstream oil sector is witnessing a dramatic turnaround, with crude oil losses from theft and metering issues dropping to their lowest levels in nearly 16 years. In July 2025, daily losses ...