If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...
OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...
Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the ...
Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...
TotalEnergies will expand its investment in U.S. liquefied natural gas over the next decade as the French company seeks to ...
Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...
But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.