Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

BP shares rise after the company said it expects to report higher production and a strong result from its oil trading ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...