The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Share indices in the US ended on a mixed note as traders assessed US CPI data. The CPI rose to 2.6% in October, in line with ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income ... in prices, but ...

In numbers, OPEC expects the global oil consumption to increase by 1.8 mbpd in 2024 – just under 2%. And it’s more optimistic than many bank forecasts, Aramco’s own forecasts and roughly the double of ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...