Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

BP shares rise after the company said it expects to report higher production and a strong result from its oil trading ...

Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

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

Stock markets in the United Arab Emirates rebounded on Friday, led by gains in oil prices, while U.S. tariffs and possible ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...