OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Iran's crude oil production increased by 34,000 barrels per day (bpd) in February 2025, reaching 3.308 million bpd, according ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...

Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license ...

Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...

The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.

Falling fossil-fuel prices may tempt some to switch back to old habits but that will prove a climate-change disaster.

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, ...

Scott Sheffield, the shale pioneer who sold his company to Exxon Mobil Corp. and was banned from its board by the US Federal ...