Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...
Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...
Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
Good afternoon and happy Thursday, readers! In today’s Daily on Energy, we continue to keep eyes on the Senate as lawmakers are slated to vote tonight to confirm President Donald Trump’s pick to lead ...
Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.
Oil was slightly higher in the early Asia session on a possible technical rebound after settling lower following a build in U.S. crude stocks and a rate hold by the Fed.