[TOKYO] Oil rose on Thursday, with US crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in US inventories may mean producers have little option but to...

[WASHINGTON] Top global oil producers are considering slashing output by 20 million barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Monday.

[KUWAIT CITY] Top oil producers meeting later Thursday intend to cut production by between 10 and 15 million barrels per day, Kuwait's Oil Minister Khaled al-Fadhel reportedly said.

[DUBAI] Major oil producers including Saudi Arabia and Russia are likely to agree to cut production at a Thursday meeting but only if the United States joins the effort, aimed at coping with the...

[NEW YORK] US oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the US Energy Information Administration (EIA)...

[LONDON] Nigeria and other members of Opec are ready to cut crude supplies further if prices continue to tumble, according to the country's oil minister.

[CARACAS] A Venezuelan oil joint venture with a state-owned Chinese company has started an expansion project to boost output to 165,000 barrels per day (bpd), President Nicolas Maduro said on...

[TRIPOLI] The head of Libya's National Oil Company warned on Monday against a "collapse in production" stemming from conflict in the North African country.

[DUBAI] UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect.