Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the ...

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.

Oil prices edged up on Wednesday, supported by a weaker dollar, but gains were capped by mounting fears of a US economic ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

Oil production totaled 35.506 mln barrels per day without Libya, Iran and Venezuela exempted from the deal performance ...

Liquefied natural gas (LNG) has been a bright spot in recent months. The United States is already the world's largest LNG ...

Saudi Arabia, Russia, Iraq, Kuwait, the UAE, Algeria, Kazakhstan and Oman have agreed to start reversing their voluntary oil output cuts of 2.2 million b/d between April 2025 and September 2026 ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

The opening point of its executive summary was “The CO2 emissions in the database accounted for 78.4% of global fossil fuel ...

Oil prices are under pressure as OPEC+ prepares to unwind its production cuts just as the U.S.-China trade war gets underway.

Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the ...