The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

The US produced a record-high 13.6 million barrels per day of crude oil in July as global stockpiles rose and onshore rig counts fell, the Energy Information Administration (EIA) said Tuesday in its ...

U.S. oil production growth may prove more resilient than it appeared a few months ago — but big, dramatic output and price swings have become passé. Why it matters: Oil prices ripple throughout the ...

Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...

StanChart has finally joined the bear camp, slashing its 2026 and 2027 oil price outlook by $15 per barrel, triggered by the ...

Renewable and conventional energy are once again coming together in Kern County as a startup based in Alameda uses a “heat battery” to produce steam for enhanced oil production near Taft. Rondo Energy ...

Discover how to invest in oil via ETFs, futures, energy stocks, and mutual funds. Learn direct and indirect methods to navigate oil investments successfully.

Understand the repercussions of US sanctions on Russian oil giants Rosneft and Lukoil on global oil prices, India's imports, ...

Brazil’s state-run oil company Petrobras could begin producing oil and gas in the Foz do Amazonas basin within seven to eight ...

The company anticipates higher oil and gas production but warned that earnings in its integrated liquefied natural gas ...

Palm is the world's most widely used vegetable oil and likely the most versatile, featuring in anything from cosmetics to chocolate to fuel to margarine.Harvested from the oil palm tree, its yields ...