BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Saudi Arabia’s Ministry of Energy has confirmed that the Kingdom remained fully compliant with its voluntary OPEC+ production targets in June, with marketed crude oil supply averaging 9.352 million ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

Delta Air Lines DAL reported better-than-expected earnings per share and revenues in the second quarter of 2025, results of ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.

While Halliburton's valuation now appears reasonable, activity levels will likely need to stabilize before the stock rebounds ...

The Nigerian National Petroleum Company Limited (NNPCL) says it is ramping up efforts to raise the country’s oil production capacity ...