Iran raised the price of its subsidised gasoline for most users on Saturday, a government spokesperson said, as the OPEC member seeks ...

WTI crude oil futures recovered near $58 per barrel on Monday, bouncing back from last week's 4% drop amid rising geopolitical tensions between the US and Venezuela. Any shift ...

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of ...

Liberia has recorded a major breakthrough in its drive to restore and expand critical national infrastructure following the ...

OPEC says global oil market fundamentals remain supportive as 2025 draws to a close, despite softer crude prices in recent ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...

Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal ...

OPEC said earlier in its report that Russia increased oil production by 10,000 barrels daily to 9.367 mln barrels per day in November 2025 ...

Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...