U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, ...

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 ...

OPEC+ announces a significant increase in oil production for July amid falling prices and geopolitical strategies, affecting ...

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.

VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for ...

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

This potential surge in supply comes at a time when the market is already anticipating a surplus, further pressuring prices ...