The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a ...

The Global Demulsifier Market is driven by rising crude oil production and enhanced oil recovery needs. Challenges include stringent environmental regulations, but opportunities lie in developing ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Crude oil inventories in the United States fell by 11.5 ...

Oil prices extended losses on Wednesday as rising OPEC+ supply and escalating U.S.-China trade tensions deepened concerns over global demand, prompting Bank of America to warn that Brent crude could ...

SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...

Oil prices are at their lowest levels since the spring of 2021. At Thursday's close, a barrel of West Texas Intermediate crude was $59 a barrel, down from $74 at the start of January. The last time ...

The U.S. is the world’s largest oil producer, but it still needs to import more crude oil than it makes. The majority of those imports come from Canada and Mexico, thanks to a mutually beneficial ...

SINGAPORE, May 20 (Reuters) - Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has ...