The sector’s problems began after a round of capacity expansion in 2021, after President Xi Jinping unveiled the country’s ...
The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against ...
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...
Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.
The number of active drilling rigs in the United States stood at 584 this week, down by five from the previous week and 35 from last year, according to the weekly data released on Friday by ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
NEW DELHI/LONDON - The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a ...