Energy flows intelligence firm Kpler forecasts that US crude oil supply growth will slow for the rest of 2025 and into 2026, and peak as early as this year. Kpler attributes this revised forecast ...

Nigeria’s government has set a new, significantly higher, production target for the national oil company, aiming for 2.5 million barrels daily by the end of this year. “When the new NNPC ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. By Rebecca F. Elliott Oil prices resumed their slide after the OPEC Plus cartel of ...

Oil prices dropped 2% on Monday to their lowest level since February 2021. The decline was sparked by OPEC's plans to increase oil supply by 411,000 barrels per day in June. Americans can expect ...

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. West Texas Intermediate ...

While stocks have mostly recovered from April 2 "Liberation Day," oil prices haven't. The struggling oil price led to a severe down month for most oil and gas stocks. Saudi Arabia is threatening ...

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard announced Sunday evening that the offshore well blowout — first reported ...

President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.

Crude oil prices plunged to a multi-year low following OPEC+’s decision to accelerate production hikes for June. During Monday’s Asian session, Brent futures slumped as much as 4.6% to $58.50 ...