Gasoline topped $4.40 a gallon in the U.S. in September, and Brent has sat above $100 a barrel since early September, up...
Equinor and its partners have discovered an estimated 3.3 million to 10.3 million barrels of recoverable oil equivalent ...
ONGC Chairman Arun Kumar Singh disclosed the investment plans in New Delhi on 31 August 2026, confirming that the compan...
Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a ...
The oil market has remained complacent for months amid the worst disruption in global supply, with crude oil futures rar...
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz b...
East Africa has spent decades exporting one commodity and importing another. The region holds roughly 4.7 billion barrel...
Norway's crude oil production beat official forecasts in June as offshore fields returned from seasonal maintenance, del...
Analysts are back to expecting a huge oil glut next year as they see the U.S.-Iran deal as the end of the worst of the M...
At the start of 2026, oil traders were preparing for a glut. Supply growth was expected to outpace demand growth. OPEC+ ...