Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...

However, there'll be a three-week-long change next year. The first bank holiday after January 1 fell on Friday, March 29. This is because Good Friday fell on the final Friday of March, with Easter ...

ALBANY — Oil and gas companies could be on the hook for billions of dollars to compensate for environmental pollution after Gov. Kathy Hochul on Thursday signed the Climate Change Superfund ...

Even the latest import figures, which suggested oil imports are picking up after several weak months, did not change market sentiment, as the full-year average rate of import is set to be lower ...

Building on the record-breaking momentum of 2023, 2024 has proven to be another landmark year for oil production, driven by technological advancements, strategic investments, and favorable market ...

Providing unrivalled performance, KAESER’s "Permanent Power System ... whereby fresh ambient air is drawn in and warmed via the compressor and then passed through the dryer.

Weaker global demand and a looming supply glut are weighing on the oil market’s outlook, prompting some major Wall Street banks to lower their price forecasts for next year. A survey of analysts ...