U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

Oil falls in the early morning Asian session. The U.S. EIA said Wednesday that commercial crude oil stocks excluding strategic petroleum reserves increased by 7.1 million barrels in the week ended ...

India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

Nigeria’s upstream oil and gas sector is experiencing a resurgence, with the country’s rig count rising by 48%, from 31 in ...

NUPRC says oil sector is rebounding, with rig count rising from 8 in 2021 to 46, reflecting investor confidence ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...