Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...

Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as ...

Exxon Mobil (NYSE:XOM) said Wednesday it reached 500M barrels of oil produced from Guyana's offshore ... aim to raise ...

The Exxon-led venture alone expects to produce at least 750,000 barrels per day of crude by 2025, enough for Guyana to become an oil power A vessel carrying Guyana’s first-ever shipment of crude ...

ABUJA, Nov 14 (Reuters) - Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with the possibility of getting to two million bpd by ...

Angolan officials have urged investors to move fast to secure access to an ever-dwindling number of exploration and ...

The Megrez-1 well will target three topset horizons, which the Company estimates to contain an aggregate 2U Prospective Resource of 609 million barrels of ANS Crude (oil, condensate & NGLs ...