Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

By Colleen Howe BEIJING (Reuters) -Chinese producers of polysilicon, a building block for solar panels, are in talks to ...

OPEC said on Sunday that Iraq will increase its oil production to 4.22 million barrels per day (bpd) in September.

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a ...

OPEC agreed on another bumper oil production increase for September, completing its current tranche of supply revival one year early as the group moves to reclaim its share of global crude markets.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Iraq's Oil Ministry announced the Baghdad International Energy Forum (Sep 6-7) will host OPEC's Secretary General and energy ...

Exxon Mobil second quarter profit sinks to lowest level in 4 years as OPEC ups production and energy prices slide.

Exxon Mobil second quarter profit sinks to lowest level in 4 years as OPEC ups production and energy prices slide.

Haitham Al Ghais highlights the urgent need to expand access to clean cooking fuels, emphasising the critical role of LPG in ...