Oil prices stabilize as traders balance concerns over potential surplus and the impact of US sanctions against Russia on global oil output.

Oil steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a ...

Oil edged higher in the early Asian session amid rangebound trading.

Rystad Energy predicts that cheap, cost-competitive oil from offshore Brazil, Guyana, Suriname, and Argentina's Vaca Muerta ...

The price increase in 2027, according to the report, reflects a projected rebalancing of the oil market, as low prices in 2026 curtail excess supply. These forecasts assume no major escalation in ...

Oil production is running at full capacity. In other words, every oil-producing nation is focused on maximizing output for ...

“But for now, you know, the seasonal downturn in gas prices is really being checked by some of the potential for sanctions. Overall, gas prices are largely pretty quiet across the country. The ...

Petrobras will continue expanding production at the world’s biggest oil field this year while avoiding cost inflation as it advances deep-water projects.

Oil rose on Friday but still notched a second weekly loss as the market continued to weigh the threat to output from ...

Despite the rebound, both benchmarks are down around 2 per cent for the week, extending their losing streak for a second consecutive week as major producers ramp up output.

Oil faces oversupply pressure, but China is absorbing global crude with aggressive stockpiling; the market awaits when the ...

Despite what its sinking stock price might suggest, Diamondback Energy is having a good year. The company's oil production ...