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ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...
Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...
Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday's closely watched U.S.-Russia summit. U.S. natural gas ...
Qatar sold al-Shaheen oil to CNOOC, OQ and Idemitsu Kosan at a premium of around $2.30-2.55 per barrel above Dubai prices, ...
Oil prices fell on Friday as concerning economic data from the U.S. and China, the world's two largest oil users, increased worries about fuel demand while investors also await the summit between U.S.
The federal government has acknowledged a shortfall in projected oil revenue, despite recording improved performance in overall gross revenue generation.
Gasoline prices are expected to rise next week after a week of rollbacks, while diesel and kerosene are likely to continue their downward trend, the Department of Energy said on Friday,.
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Friday. The WTI edges higher as traders remain cautious ahead of a crucial ...
Bank of America expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus.
Oil prices fell to over two-month lows on Wednesday after bearish supply guidance from the U.S. government and the ...