Rystad Energy identified four factors indicating that the market is unlikely to see prices approaching $60/bbl or enter a contango situation in the near future.

A Brazilian subsidiary of China's ride-hailing company DiDi Global sued Chinese rival Keeta on Monday in a Sao Paulo court ...

It is a long time coming, but the impoverished South American country of Suriname is poised to enjoy the fruits of a major ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15 ...

Earlier this month, Mexico and Pemex unveiled a 10-year plan to reverse a years-long decline in oil and gas production by tapping more unconventional resources through hydraulic fracturing.