The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand.

Jimsar shale oil demonstration zone in Xinjiang has reached its annual crude output goal of 1.7 million tonnes 22 days ahead ...

Nigeria's crude oil production rose slightly in November to 1.436 million barrels per day (bpd), up from 1.401 million bpd in October, according to the OPEC Monthly Oil Market Report (MOMR) released ...

Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns over a global supply glut and escalating tension between the U.S. and ...

Azerbaijan's Ministry of Energy has secured legal consulting services from U.S.-based White & Case LLP to support renewable ...

The Declaration of Cooperation established a framework for coordinated action to support global oil market stability, energy ...