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Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, has reportedly resumed operations at its Cidade de Angra dos Reis floating production storage and offloading unit (“FPSO”), ...

NEW YORK (Reuters) -U.S. oil production is expected to hit a larger record this year than previously expected, the Energy Information Administration said on Tuesday, even as the agency warned that a ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. A three-day national strike prompted by layoffs at the Dangote refinery has led to production ...

On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase is equal to the one adopted in October, with markets seeing it as a cautious step amid ...

HOUSTON (Reuters) -Oil prices fell on Tuesday as investors considered a smaller than expected increase to OPEC output in November against signs of a potential supply glut. Brent crude futures were ...

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Russia increased crude oil production in September while falling behind its OPEC target following the latest adjustments to the alliance’s compensation plans. The nation pumped 9.368 million barrels a ...

Oil prices jumped on Monday morning after the Organization of the Petroleum Exporting Countries and its allies (OPEC+), announced a smaller-than-feared output hike over the weekend. Brent crude (BZ=F) ...

MOSCOW (Reuters) -Russian oil production rose in September to 9.321 million barrels per day, up 148,000 bpd from August, as the world's leading oil producing countries continued to ramp up production, ...

Geopolitical factors have kept a floor under prices, with conflict between Russia and Ukraine impacting energy assets and creating uncertainty over Russian crude supply. Oil prices were steady on ...

A pane of glass plummeted more than 400 feet from a Midtown skyscraper, crashing down onto the sidewalk and street below early Sunday morning, city officials said. The 4-foot-by-6-foot pane fell from ...