Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil prices have fallen by around 3pc today as markets bet on higher supply from the US and sluggish demand from China.
The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...
Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.
However, technological innovations like hydraulic fracturing and horizontal drilling began reversing the long decline in U.S. oil production and would ultimately force OPEC to react. Oil prices ...
In his latest comments – which echoed similar statements Woods made to the media since the election – the CEO tried to ...
Donald Trump's possible re-election could lead to stricter enforcement of U.S. oil sanctions against Iran, potentially ...
Chevron Corp. Plans to increase its exploration holdings in African oil producers such as Nigeria and Angola, where it ...