The American Petroleum Institute reportedly shows a surprise draw of 4.6M barrels of oil in U.S. commercial stockpiles for the week ending March 21. Gasoline inventories reportedly show a draw of 3.3M ...

Industry body Offshore Energies UK says the North Sea could produce half of all oil and gas in run up to 2050.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels ...

North Sea oil fields could produce an extra 2bn to 3bn barrels and boost growth if licences are approved, oil groups claim ...

India, one of the biggest importers of Venezuelan crude, bought 22 million barrels in 2024. The tariff come a little over a ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Oil prices continued to rise on Tuesday after Trump on Monday announced that America will impose 25% tariffs on countries ...

Oil futures gained in technical trading with the U.S. tariff threat against buyers of Venezuelan oil prompting some short-covering, but pulled back after reaching the 100-day moving average.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has listed Nigeria's oil-producing states and how many barrels of crude they producer per day.