Global oil markets face a surplus of more than one million barrels a day next year as Chinese demand continues to falter.

Equinor and its partners have discovered oil and gas at a wildcat well on the Rhombi prospect near the legacy Fram field in ...

Equinor made an oil and gas discovery in production near Fram field in the North Sea. Both oil and gas were discovered.

Image by Natalya Kosarevich via iStock In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI warned ...

Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...

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