The IEA raises its projections for oil supply growth in 2025 while trimming demand forecasts, citing weaker fuel consumption ...

Petrobras (NYSE:PBR) moves closer to obtaining an exploration permit to drill in an environmentally sensitive offshore region ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

Petrobras has received authorization for a pre-operational assessment, moving closer to an exploration permit for an environmentally sensitive offshore region in the Amazon basin.

International crude oil prices have been falling under the weight of over supply but it could be worse next year with dire ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...

The International Energy Agency scaled up its forecast for global oil supply in 2025, citing higher production by the Organization of the Petroleum Exporting Countries and allies.

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three times faster than demand, the International Energy Agency said in its ...

Huge oil reserves that may lie at the mouth of Amazon have sparked a bitter debate in Brazil about its role in climate ...

BP p.l.c. (NYSE:BP) is among the 11 Best Hydrogen Stocks to Invest in Now. According to three Petrobras insiders who spoke to ...

Experts said the initial plan to completely remove MX-1 would have done more harm than good to the marine environment.