The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic ...

Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks ...

A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could ...

Nigeria’s crude oil production grew 35,000 barrels per day in October, rising to about 1.085 million barrels for the month ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...

What is the price of crude oil today? WTI futures traded at $68.73 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 6.41%. Brent futures traded at $72.41/bbl, an increase of 0.47% in ...

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

Whereas a lot of focus lately has been on India’s surging imports of Russian oil, the country actually buys the lion’s share ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed ...