January WTI crude oil (CLF26) on Tuesday closed down -0.63 (-1.07%), and January RBOB gasoline (RBF26) closed down -0.0084 ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

Russia's Syzran oil refinery has stopped processing crude oil since it was damaged in a Ukrainian drone strike on 5 December.

China's domestic crude oil production is expected to reach a record-high of 215 million metric tons for 2025, according to ...

U.S. oil production rose by 44,000 barrels per day to a record 13.84 million barrels per day in September, driven by a sharp ...

OPEC+ will stick with plans to pause its collective crude oil production increases during the first quarter of 2026.

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...

China’s independent refiners are utilizing newly issued crude import quotas to buy sanctioned Iranian crude from bonded ...

By Sam Li and Lewis Jackson BEIJING, Dec 8 (Reuters) - China's crude oil imports rose 4.88% in November from a year earlier, ...

By Scott DiSavino NEW YORK, Dec 5 (Reuters) - Oil prices edged up nearly 1% to a two-week high on Friday on increasing ...

NNPC E&P sets a 36-year record with 355,000 bpd, boosting Nigeria's oil production recovery efforts and signaling a major ...

Global supply is set to grow by 2.1m b/d next year, while demand looks to be more modest at around 800k b/d. Read more here.