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 ...

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

While the illegal seizure of oil after hijacks may seem like the criminal exploits of a bygone age, the threat remains a ...

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

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

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