OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.

VLCC shipments are set to fall from Iraq after a storage tank fire at the country’s biggest oilfield. The blaze began on 24 January and was quickly brought under control. Bloomberg reported that ...

Diversified Energy is shelling out $1.275 billion to acquire Maverick Natural Resources, a portfolio company of EIG. The assets being acquired include a package that directly offsets Diversified’s ...

Distillate fuel inventories grew by 3.1 million barrels. Crude oil imports declined by 304,000 bpd, averaging 6.1 million bpd. Over the past four weeks, crude oil imports averaged 6.5 million bpd.

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

It bulked up its position in that low-cost, oil-rich region in 2021 by acquiring Concho Resources and Shell's assets in the area. With average costs of about $40 per barrel and many of its ...

Coconut oil is a plant-based oil derived from coconuts. Although it comes from a plant, it’s uniquely high in saturated fats. There’s great debate and controversy as to whether it benefits health.

The oil cleansing method uses certain oils to gently cleanse the skin and remove makeup. It may have additional benefits, particularly for dry skin. Oil cleansing involves applying specific oils ...