U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while ...

Oil prices fell on Wednesday morning ahead of the weekly inventory data report, but strong draws in product inventories ...

A US oil tanker which was hit by a container ship in the North Sea is to be towed to the North East of England after more than 200,000 barrels of jet fuel are removed over the weekend, a maritime ...

Goldman Sachs analysts revealed that they see the Brent oil price falling to under $40 per barrel under one scenario. In a report sent to Rigzone by the Goldman Sachs team on Monday, Goldman Sachs ...

Crude oil prices have witnessed a sharp decline, dropping nearly $10 per barrel in just one week, following the Trump administration’s announcement of tariffs on certain countries. Although the ...

Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status report showed. Image by yamonstro via iStock U.S. commercial crude oil ...

Oil futures gave up early gains and settled lower with the market rattled by a report that Kazakhstan is unlikely to compensate for producing above its agreed level within the OPEC+ group. WTI fell 2.

And, therefore, Guyana at no time had ownership of the 85.5% of oil barrels taken by the oil consortium. So, why are these barrels recorded as Guyana’s exports in the first place? It is time to ...

Engr. Gbenga Olu Komolafe, Commission Chief Executive, hereby declare the Total Oil and Condensate reserves of 37.28 billion barrels and Total Gas reserves of 210.54 trillion cubic feet as the ...

Oil fell to just $60 a barrel. That’s the lowest we’ve seen it since 2021. (And if you'll recall, that was back during the height of the global pandemic, when we weren’t traveling much.) ...

Engr. Gbenga Olu Komolafe, Commission Chief Executive, hereby declare the Total Oil and Condensate reserves of 37.28 Billion Barrels and Total Gas reserves of 210.54 Trillion Cubic Feet as the ...

The global oil supply rose by 590kbpd MoM in March’25 despite 150kbpd decline in OPEC+ output:. OPEC+ actual output hike is likely to be lower than announced due to likely output cuts by ...