WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...

Options traders are making bullish bets that oil could soon hit $100 a barrel on fears tensions between Israel and Iran could ...

Crude prices have pulled back as fears of an oil supply disruption in the Middle East ease. U.S. crude futures edged lower ...

Guyana and Suriname, two South American countries with significant offshore oil discoveries, are discussing joint development ...

This city in Asia is home to the world's biggest oil refinery, having a capacity of 1,240,000 barrels per day.

Biden administration repurchases 6 million barrels of oil ... saying Biden's move "has to be one of the best oil trades in history." While the administration still has not fully refilled the ...

Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...

Libya’s oil production climbed above 1 million barrels a day for the first time in two months, after the resolution of a ...

By Newsbase MENA Iran’s Jask oil terminal, situated outside the Persian Gulf, can export up to 1mn barrel of crude per day ...

1537 ET – Front-month crude oil futures settle up 5.2% to $73.71 a barrel, the third consecutive higher close for futures. It’s also the largest one day gain for oil both in terms of dollar ...

Exxon is currently producing a total of 665,000 barrels of oil per day in Guyana but over the longer term eyes production of over 1 million bpd. Total oil production in the country is seen rising ...

Libya’s oil production climbed above 1 million barrels a day for the first time in two months, after the resolution of a political standoff in the OPEC nation that had curbed output and exports.