Crude supplies are expected to outstrip supply by more than 1 million barrels per day next year led by robust growth in the U ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

Oil giant ExxonMobil said on Wednesday it had reached 500 million barrels of oil produced from Guyana's offshore Stabroek ...

Exxon Mobil (NYSE:XOM) said Wednesday it reached 500M barrels of oil produced from Guyana's offshore Stabroek block since the ...

The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...