Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

India diversifies crude oil imports from Africa, South America amid geopolitical shifts, aiming for supply security and ...

Oil production totaled 35.506 mln barrels per day without Libya, Iran and Venezuela exempted from the deal performance ...

Shipbroker BRS has noted preliminary signs of a two-tier term charter market developing for tankers. The fleet is being ...

Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the ...

Crude oil prices recovered amid volatility after touching their lowest levels since November 2021 last Monday, driven by ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact of their crude oil production cuts on the global market.

DUBAI, March 12 (Reuters) - Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU ...

The latest downturn follows increased tariff disputes and supply adjustments by OPEC+, which plans to increase production from April but remains flexible to market shifts. Meanwhile, U.S. crude ...

Oil prices edged up on Wednesday, supported by a weaker dollar, but gains were capped by mounting fears of a US economic ...

OPEC+ confirmed April production increases, but potential supply adjustments remain on the table if market conditions worsen. Despite these pressures, energy markets found some stability amid ...