Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

Global oil demand is expected to grow by over 1 million b/d in 2025, up from 830,000 b/d in 2024, reaching a total of 103.9 ...

Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...

U.S. crude oil and natural gas production, along with demand for natural gas and electricity, will all rise to record highs ...

The U.S. is the world’s largest oil producer, but it still needs to import more crude oil than it makes. The majority of ...

The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact of their crude oil production cuts on the global market.

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

The global trade in fossil fuels peaked in 2017 and could decline as nations’ investments in renewable and nuclear power or ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

While US domestic oil production reached a world record 4.7 billion barrels of oil in 2024, Canada is still a major source of ...