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, ...

Oil giant ExxonMobil said on Wednesday it had reached 500 million barrels of oil produced from Guyana's offshore Stabroek ...

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

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

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

The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...

U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...

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

Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s ...

The Nigerian National Petroleum Company Limited, NNPCL, and its partners have increased crude oil and gas production to 1.8 ...

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