WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major ...

Russia’s central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher ...

SOMO revealed on Wednesday that Iraq has the fourth-largest proven oil reserves in the world, with around 145 billion barrels.

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $69.27 per barrel, ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

In Nigeria’s 2025 budget, the federal government targets a crude oil production of 2.06 million bpd, including condensate, ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...

Three sources said that OPEC+ would likely stick with its plan to increase oil production for a second month in a row in May.