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Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, has reportedly resumed operations at its Cidade de Angra dos Reis floating production storage and offloading unit (“FPSO”), ...

LONDON/MOSCOW (Reuters) -OPEC+ will increase oil output further from November when it meets on Sunday, sources close to the talks said, with Saudi Arabia pushing for a larger increase to regain market ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. A three-day national strike prompted by layoffs at the Dangote refinery has led to production ...

On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase is equal to the one adopted in October, with markets seeing it as a cautious step amid ...

HOUSTON (Reuters) -Oil prices fell on Tuesday as investors considered a smaller than expected increase to OPEC output in November against signs of a potential supply glut. Brent crude futures were ...

Oil prices jumped on Monday morning after the Organization of the Petroleum Exporting Countries and its allies (OPEC+), announced a smaller-than-feared output hike over the weekend. Brent crude (BZ=F) ...

MOSCOW (Reuters) -Russian oil production rose in September to 9.321 million barrels per day, up 148,000 bpd from August, as the world's leading oil producing countries continued to ramp up production, ...

US President Donald Trump's new H-1B visa plan is facing a legal challenge in a federal court in San Francisco. A coalition of unions, employers, and religious groups filed the lawsuit seeking to ...

In contrast, fossil fuel-based generation rose in the US and the EU. Renewable sources of electricity generation are continuing to grow strongly around the world, with global capacity expected to more ...

Geopolitical factors have kept a floor under prices, with conflict between Russia and Ukraine impacting energy assets and creating uncertainty over Russian crude supply. Oil prices were steady on ...