In recent years, the global oil market has been impacted significantly by COVID-19 disruptions, price wars between oil-producing nations, Russia's war in Ukraine and the conflicts in the Middle East.

Kazakhstan’s daily oil production jumped to a record high of about 2 million barrels of crude on Sunday, following the start-up of an expansion project at the country’s biggest oilfield ...

the world's largest shale oil-producing region, is expected to continue to grow and account for more than half of all of the country's output in 2026, the report said. Globally, oil and liquid ...