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 ...

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 ...

Oil futures picked up Monday where they left off at the end of last week, under pressure following disappointment out of news ...

The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic ...

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

U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...

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

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

HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, ...

The Nigerian National Petroleum Company Limited, NNPCL, has said it has reached the mark of 1.8 million barrels per day of ...