The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to ...

Russia's daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million bpd in ...

LAUSANNE (Reuters) -Executives from the world's top commodity trading houses expect a well-supplied oil market this year, ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

Kyiv. Three people, including a 5-year-old child, were killed in a massive drone attack by Russian forces on Ukraine’s ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

Russia’s central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The price of OPEC’s basket of twelve crudes stood at $75,96 a barrel on Tuesday, reflecting a gradual increase. The latest price for its crude oil grades posted by the OPEC Secretariat on Wednesday ...