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Oil Production

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Imperial Oil Posts Higher Q1 Profit Despite Slight Volume Declines

The company's integrated operations and improved market conditions drove C$1.29 billion in profit and C$12.52 billion in revenue for Q1 2025.

Halliburton and Baker Hughes Warn of Increased Risks from Tariffs and Oil Market Volatility

Oil Prices Stabilize After Short-Covering, But Tariff and Supply Concerns Persist

BP to Shift Focus Back to Fossil Fuels, Dropping Key Renewable Energy Targets

Trump Pushes for OPEC+ Cooperation Amid Energy Policy Shifts

Chevron and Exxon Report Mixed Q4 Results with Divergent Trends in Production and Refining

U.S. Oil Inventories Decline as Refining Demand Surges

Holiday Gas Prices Drop to Lowest Levels Since 2020

ExxonMobil Announces Record Oil Production Plans Through 2030

OPEC+ Extends Oil Production Cuts Through 2026

Oil Prices Fluctuate Amid OPEC+ Output Delay and U.S. Election Uncertainty

Venezuela Detains Former Oil Minister Pedro Tellechea for Alleged U.S. Ties

Occidental Petroleum Surpasses Q2 Earnings Expectations with 51% Profit Growth

BP Faces Up to $3 Billion Hit Due to Weak Refining Margins

Oil Prices Climb on Robust Summer Demand and Supply Concerns

Suncor Halts Firebag Oilsands Production Due to Nearby Wildfire

U.S. Gas Prices Continue Steady Decline as Summer Travel Season Begins

OPEC Extends Production Cuts Amid Mixed Market Reactions

OPEC+ Poised to Extend Production Cuts Amid Shifting Demand Dynamics

Oil Prices Face Monthly Decline Ahead of Crucial OPEC+ Meeting

Oil Prices Climb on Anticipation of Sustained OPEC+ Production Cuts

Rain and Cooler Temperatures Offer Temporary Relief in Fort McMurray Wildfire Battle

Oil Prices Fluctuate Amid Conflicting Market Signals

Oil Prices Surge as OPEC+ Extends Production Cuts

Oil Prices Stabilize Amid Rate Cut Expectations and Supply Outlook

OPEC+ Extends Oil Supply Cuts to Support Prices Amid Global Surplus Concerns

Oil Prices Fluctuate Amid Middle East Tensions and Rate Cut Speculations

Libya's Largest Oilfield Resumes Production Following Protests