News

Despite the declining global crude price, a ranking showing the world's top 10 largest producer countries has emerged, with ...
Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...
U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, ...
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Here's a breakdown of the forces that are buffeting oil prices, and what it means for individuals and the economy.
Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...
Goldman Sachs has further reduced its oil price forecast for this year and next, following OPEC+'s decision to increase ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...
Nigeria is staring down the barrel of twin macroeconomic shocks as Brent crude prices plunge below $60 per barrel. This ...
In an ideal world, oil companies would like a barrel of crude to sell for more than the ... some companies halt production. There’s some evidence this happened briefly in early April, when ...
U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation's position as the world's largest fossil fuel producer and ...