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, ...

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

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

The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...

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

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

The events show that oil prices during this period have remained highly volatile even as nations have strived for stable and ...

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

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

Nigeria is aiming to produce 2 million barrels per day of oil by the end of this year, as the revival of the West African ...