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 ...

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

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

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

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

Oil futures picked up on Monday where they left off at the end of last week, under pressure following disappointment out of ...

Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.

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

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

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