World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

In late May, Libya’s attorney general said three suspects were detained for allegedly storming the National Oil Corporation’s ...