Brent closed Friday at $109.86 and the futures market prices $100 oil into spring. Gas costs about nine times more in Europe ...

Venezuela oil investment could reach almost US$76 billion in five years, acting President Delcy Rodríguez said at an energy ...

Discover the surprising dynamics of global crude oil production, highlighting the roles of non-OPEC countries like the US, ...

OPEC projects 2027 oil demand at 108.2 mb/d, led by India and non-OECD Asia, with growth despite 2026 steady gains.

Nigeria’s oil fortunes have surged amid global disruptions triggered by the United States/Israel war on Iran, which sent crude prices soaring above ...

Sanaz Sohrabi’s feature-length documentary “An Incomplete Calendar” uses archival materials to reframe the oil cartel as an ...

OPEC held back-to-back high-level meetings with the world's second and third largest oil consumers. The eighth OPEC-China ...

The Organisation of the Petroleum Exporting Countries (OPEC) recorded a significant increase in crude oil production in September, with output rising by approximately 920,000 barrels per day (bpd) ...

Equatorial Guinea will approve a new hydrocarbon law on Monday after crude production collapsed to just 20,000 barrels per ...

OPEC says Africa needs at least $125bn (about AED 459bn) in refining investment through 2050, with refinery utilisation near ...

The Libyan dinar weakened past 10 per US dollar on the parallel market on 15 October, while the official rate stayed near ...

UAE oil output hit a record 5.3 million bpd in September, the IEA said, as Gulf crude exports recovered to more than 75% of ...