A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, ...

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

Oil prices ticked up in early trading on Wednesday as the U.S. barred Chevron from exporting crude from Venezuela under a new ...

Petroleum minister Hardeep Singh Puri on Friday said oil prices will be around $65 per barrel as ample supplies are available ...

Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Nigeria’s oil and gas sector has recorded modest achievements against long-standing challenges. The Federal Government, ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 ...

Megantic, Que., tragedy where 47 people died after a train carrying 7.7 million litres of petroleum crude oil derailed at 104 ...

Crude oil futures rise as US court blocks Trump's reciprocal trade tariffs, impacting oil markets and OPEC+ decisions.