Global crude oil prices are set to decline sharply in the coming months as supply growth outstrips demand, according to the ...

Azerbaijan’s oil production is expected to reach 0.58 million barrels per day (mb/d) in 2026, according to the latest ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

Oil markets are drawing some support for the time being from strong summer demand for driving fuels, but the IEA's data ...

Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...

Oil prices fell on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's meeting ...

Norway’s sovereign wealth fund pared back its holdings in major oil and gas companies including Exxon Mobil Corp and Chevron ...

We are now in the midst of World War 3—and Iran has become the decisive battleground. The US and Israel may be willing to ...

The world’s largest economies, the US and China, have low fuel taxes, compared to many developed nations that often levy a ...

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.