Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has attributed the ...

Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...

The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...

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

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

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

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...

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

The number of active oil rigs is a key indicator of the volume of oil exploration and production activities in the country. It has grown almost 500% in 4 years.

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.