ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

OPEC lowered its global oil demand growth outlook for 2024 and 2025 for the fourth consecutive month, citing a decline in ...

OPEC, which is still at the top end of industry estimates after the revision, also cut its 2025 global demand growth estimate to 1.54 million bpd from 1.64 million bpd.

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

The Singapore stock market has moved higher in two straight sessions, gathering more than 25 points or 0.7 percent along the way. The ...

The name Azerbaijan comes from the Persian "azer", or "sacred fire", from the temples of the ancient religion of ...

SINGAPORE: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S.

Oando Plc’s Wale Tinubu leads high-level delegation to African Energy Week (AEW) 2024 holding in Cape Town, South Africa ...

Eight members of the OPEC+ group of oil-producing nations announced on Sunday they were extending voluntary supply cuts for ...

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month. No ...

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...

OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday.