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 ...

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 ...

While shale oil offers flexibility, its growth is expected to plateau, prompting companies to focus more on offshore drilling ...

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

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

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hover near four-year lows. "We have a very ...

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 ...

The French firm is withdrawing from a production-sharing agreement that the Nigerian state signed in 2021 with TotalEnergies, Shell, US oil major ExxonMobil and Italy's Eni following two years of ...

WTI crude oil (CLN25) today is down -0.58 (-0.94%), and July RBOB gasoline (RBN25) is down -0.0126 (-0.61%). Crude oil and ...