OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its

Oil output in Kazakhstan, one of the world’s 10 biggest producing countries, returned to growth last month and matched an

Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources

Barclays said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10

Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources

In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in

Middle East crude benchmark spot premiums in Dubai and Murban declined on Friday, but logged weekly gains due to healthy

Asia’s middle distillates market eased slightly on Friday after a few strong sessions, with traders awaiting clearer direction on spot

Angola hiked the diesel price by one-third from Friday as part of the government’s drive to curb costly subsidies and

Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the