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 ...
NEW YORK -Oil prices rose about 1% to a one-week high on Wednesday on worries the U.S. and Europe would keep sanctions on Russia for longer due to Moscow's lack of progress on a peace deal with ...
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 ...
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 ...
The German economy could be on track to shrink for a second consecutive quarter after struggles in the country's all-important automotive sector saw industrial output slump in August. Fresh data from ...
Google has released Gemini 2.5 Flash Image for general use, expanding its toolkit for AI-driven image generation and editing. The model is now available for developers in production environments, ...
The Philippine Department of Agriculture said the Marcos administration had ramped up agricultural support and expanded paddy production, driving the country’s rice output to a record high in the ...
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) ...
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 ...