Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

Saudi Arabia's crude oil exports increased by nearly 500,000 barrels per day (bpd) in February compared to January, according ...

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released ...

Dive deep into the world of gasoline production and understand how crude oil is transformed into the fuel that powers vehicles worldwide. This guide covers everything from the distillation process to ...

U.S. crude oil production averaged 13.460 million barrels per day (b/d) during the week ending April 18, down by 2,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said ...

The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia, while flagging headwinds ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Since 2005, when Chinese growth peaks, crude oil prices often peak about a ...

ConocoPhillips recently added to its treasure trove of low-cost oil supplies. Chevron stress-tested its business and showed ...

Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in ...

Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude ...