Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by ...

Independent Chinese oil firms are increasing their investments in Iraq, proposing multibillion-dollar projects to tap massive ...

Wood Mackenzie’s Simon Flowers breaks down oil market volatility, OPEC’s strategy, energy transition hurdles, and how AI, EVs ...

Global crude oil prices fell to their lowest in a week on Monday, Aug. 4, shortly after the Organization of Petroleum ...

Opec’s most recent production hike could just be the start of a run of good news for tankers. In addition to the bloc’s ...

HOUSTON (Reuters) -Venezuela's oil exports declined about 10% in July from the previous month as key partners of state ...

Chinese private oil companies are rapidly expanding in Iraq, stepping in where Western majors exited—just as ExxonMobil and ...

Opec+ agreed on Sunday to raise oil production by 547,000 barrels per day (bpd) for September. The increase is the latest in a series of accelerated output hikes to regain market share, as concerns ...

After months of work on a cease-fire and hostage release deal in Gaza that has appeared to reach an impasse, U.S. and Israeli ...

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Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to ...