WTI crude oil (CLN25) today is down -0.55 (-0.90%), and July RBOB gasoline (RBN25) is down -0.0262 (-1.29%). Crude oil and ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Scott Sheffield, the former head of shale driller Pioneer Natural Resources, told the Financial Times that if crude drops to ...

In 2024, both ExxonMobil and Chevron hit new highs in oil production, exacerbating the crisis they publicly claim to be ...

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

US oil producers are slashing spending and halting drilling as Trump’s tariffs raise costs and falling prices threaten the ...

At 440.4 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated.

The oil rig count in the US decreased by 1 this week, according to the latest data released by oilfield services company ...

Oil and natural gas industry leaders expect technological advancements, streamlined permitting, and sustained investment to ...