If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

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 ...

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

ConocoPhillips reported better-than-expected fourth-quarter earnings and announced plans to return more than $1 billion to ...

Among the many big moves taken by the Trump Administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just ...

Suncor says its upstream production for the quarter totalled approximately 875,000 barrels of oil equivalent per day.

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...

Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S.

OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...