An Iranian drone struck Saudi Aramco's Ras Tanura oil facility, causing a fire. As per initial information there are no ...

Iran produces 3% of global oil but controls the Strait of Hormuz, carrying one-fifth of global crude — giving it significant leverage over energy markets. Tankers are avoiding the strait and shipping ...

Indian refiners' crude processing (throughput) fell by 0.2% month-on-month in January 2026, reaching 5.63 million barrels per day (bpd) or 23.81 million metric tons ...

Chevron’s push to ramp up Venezuelan heavy crude production reflects a structural refining mismatch in the United States that ...

Despite exporting less than 1% of the world's supply of oil, Venezuela has been a key focal point in the energy market for decades. Why? Because the country claims to have the largest reserves of ...

That was President Donald Trump’s solution for lowering prices for millions of Americans when he was campaigning in 2024 for the top job. At the time, he wanted to expedite drilling permits that took ...

Venezuela sits on more barrels of oil than Saudi Arabia. So why does it pump less than 1% of the global supply?

Indian refiners are responding by diversifying crude sources, increasing reliance on the Middle East, the United States, and ...

Feb 23 (Reuters) - Indian refiners' crude throughput fell by 0.2% month-on-month in January to 5.63 million barrels per day (23.81 million metric tons), provisional government data showed on Monday.

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, a new World Peak Oil All-Time High. For December 2026, production is projected to be 85,665 b/d, an upward revision of 135 kb/d ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...