Caspian Pipeline Consortium (CPC) blend oil exports have been capped at 1 million barrels per day, taking a potential 700,000 bpd off the market, after Russia ordered the shutdown of two out of ...

While stocks continue to weaken, oil prices have surged as the final day of trading in Q1 continues to see heightened volatility, says Chris Beauchamp, Chief Market Analyst at online trading ...

Last week, British Petroleum announced that it was slashing more than $5 billion in planned green energy investments. It was a marked departure from the early 2000s, when the oil giant branded ...

(Bloomberg) -- Oil edged up as internal market metrics flashed signs that recent declines were overdone, overshadowing the prospect of a temporary truce in Ukraine. West Texas Intermediate rose 0. ...

The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result? Brent crude prices ...

Symphonic death metal band Septicflesh dropped a lyric video for their track “The Experiement”, which is featured on their Amphibians EP, which was released last month. Released today to celebrate the ...

CAIRO, March 23 (Reuters) - Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.

China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.

Oil prices edged higher on Wednesday on supply concerns with the U.S. stepping up efforts to limit Venezuelan and Iranian oil exports, while a bigger-than-expected drop in U.S. crude inventories ...

HOUSTON, March 7 (Reuters) - Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with ...