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 ...

The federal government has acknowledged a shortfall in projected oil revenue, despite recording improved performance in overall gross revenue generation.

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...

Still, Dubai is relatively stronger than Brent, keeping the price spread between the benchmarks - known as the Exchange of ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...