"Crude demand clings by a thread," Bank of America said, predicting that slowing global GDP and green infrastructure will ...

It's a win-win, and it's why everything on iStock is only available royalty-free — including all Barrel images and footage. What kinds of royalty-free files are available on iStock? How can you use ...

Early in the year, oil prices surged as OPEC+ announced production cuts of 1.66 million barrels per day (bpd), aiming to stabilize prices amid economic uncertainty. However, by the third quarter ...

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Grosvenor, the Duke’s property company, has formed a joint company with Norges Bank Investment Management, Norway’s national oil fund. The Norwegian fund owns 25pc of the new joint venture ...

Trump's Climate Withdrawal Creates Rare Discord With Big Oil By Valerie Volcovici and Sheila Dang WASHINGTON (Reuters) - U.S. oil and gas producers are thrilled that President Donald Trump wants ...

It bulked up its position in that low-cost, oil-rich region in 2021 by acquiring Concho Resources and Shell's assets in the area. With average costs of about $40 per barrel and many of its ...

U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to $70 per barrel. Geopolitical policy is driving higher prices.

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

Asia has been a key receiving hub of Russian high-sulfur fuel oil barrels, especially after Russia's invasion of Ukraine in 2022 sparked sanctions from the West. More recently, the U.S. imposed wider ...

Alaska may be open to drilling, but that doesn't mean oil and gas companies think it's worth the cost. The Alaska Travel Industry Association advocates for thoughtful discussions on oil and gas ...

has made a new oil discovery in central Iraq, with potential reserves of 2 billion barrels, multiple media reports have claimed. MOC told local media that a "significant oil reservoir" has been ...