US oil companies are cutting staff and shutting down drilling rigs as crude oil prices are falling, The New York Times ...

Good afternoon and happy Friday, readers! We’ve reached the end of another week and, with the help of our editor Joe Lawler, today’s Daily on Energy dives into all kinds of energy sources, including ...

The U.S. Energy Information Administration reported in its Petroleum Supply Monthly Report on Friday that U.S. crude output ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...

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

Texas Republicans U.S. Sens. Ted Cruz and John Cornyn filed the Protect LNG Act in the Senate; U.S. Rep. Wesley Hunt, R-Texas ...

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

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

U.S. renewables stand to lose big in a trade war, but the sting extends to oil and other energy industries, analysts say.

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms ...

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

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