BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August. Supply is set to rise three times faster than ...

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

The US government has wound down a license allowing LPG cargoes to be shipped to Venezuela. State energy company Petroleos de ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...

Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela's ...

China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, ...

The US Energy Information Administration revealed on Sunday that Iraq’s weekly oil exports to the United States rose during the last week.

BAKU, Azerbaijan, July 5.​ President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to President ...