Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...

Exports to China directly and through trans-shipment hubs were about 90% of the June total, compared with 75% in May, according to the data and documents.

Reuters cited shipping data and documents showing the state producer has ramped up exports to Asia since then. Deals have ...

The US Energy Information Administration revealed on Sunday that Iraq’s weekly oil exports to the United States rose during the last week.

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

Venezuela's history is one of dramatic contrasts,emerging as a wealthy nation rich in natural resources, particularly oil, ...

China’s slowing demand and India’s rise as a refining hub, combined with “missing barrels” and potential new US sanctions, ...

Despite inherent geopolitical complexities, regional cooperation in developing alternative transit routes is increasingly attractiveThe post Why didn’t oil prices rise during the Israel-Iran war?

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

In Venezuela’s oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells — but the valuable liquid being pumped out is just water, not petroleum. In a symbol of the woes of ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August. Supply is set to rise three times faster than ...