Indonesia on Monday asked U.S. supermajor ExxonMobil to raise its crude oil production in the country to 150,000 barrels per ...

Libya is set to resume crude oil production on October 1 following a deal on the leadership of the Central Bank.

Equatorial Guinea vs. Gabon Court Battle Looms: OPEC Neighbors Clash Over Disputed Islands Colonial Legacy Haunts West Africa ...

Goldman Sachs warns that the escalating conflict between Israel and Hezbollah could lead to a significant spike in oil prices if the Strait of Hormuz is closed.

Oil prices are expected to remain low due to weaker-than-expected demand and uncertainty surrounding OPEC+ production cuts.

India's petroleum product exports have reached a two-and-a-half-year high due to increased demand from Africa as European refineries undergo maintenance.

Russia's Deputy Prime Minister Alexander Novak believes that oil prices have already factored in geopolitical tensions in the Middle East and that recent volatility is likely to subside.

The European Union's joint gas purchase mechanism, AggregateEU, has fallen short of expectations, securing contracts for only ...

Israel has conducted airstrikes on Yemen and killed a top Hamas leader in Lebanon, further escalating the Middle East conflict.

A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.

As the conflict in the Middle East escalates, oil prices have been pushed higher on fears of major supply disruption.

Some experts argue the U.S. shale revolution has peaked, with further major production gains unlikely without a significant ...