Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

ConocoPhillips reported better-than-expected fourth-quarter earnings and announced plans to return more than $1 billion to ...

Among the many big moves taken by the Trump Administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

Suncor says its upstream production for the quarter totalled approximately 875,000 barrels of oil equivalent per day.

Abidjan, Côte d'Ivoire - February 06, 2025 Ivory Coast is the second largest producer of palm oil in Africa, according to the US Department of Agriculture, only behind Nigeria. Camera: LEGNAN KOULA.

The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...