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

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

A California court has sided with state coastal authorities and ordered Sable Offshore Corp. to abide by a preliminary ...

Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

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

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.

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

Crude oil inventories in the United States dipped by 2.8 million barrels during the week ending May 23, according to new data ...

Oil declined as soft US economic data and concerns about rising supplies eroded the risk-on sentiment from a court ruling ...

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

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