By John Lee. The Iraqi Ministry of Oil has announced that crude oil production at the Nasiriyah and Saba [Subba] fields has ...

A core group of OPEC+ oil cartel members will continue their expansion of production volumes in the summer, they announced ...

Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...

Exxon Mobil Corporation (NYSE:XOM) is one of the largest integrated fuels, lubricants, and chemical companies in the world.

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...

MOSCOW, May 31. /TASS/. Eight OPEC+ countries voluntarily reducing oil production have agreed to increase production by another 411,000 barrels per day in July, which is in line with the initial three ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

An OPEC+ supply increase of 411,000 barrels a day in July is the main scenario for talks on Saturday, delegates said.

The oil and gas industry is about scaling one of its hurdles – evacuation of crude oil, as the Green Energy International ...

EOG Resources, Inc. (NYSE:EOG) announced that it will acquire Encino Acquisition Partners from the Canada Pension Plan ...

Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...