News

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Oil prices fell by more than $1 a barrel on Monday to settle at multi-year lows, as an OPEC+ decision to expedite its output ...
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...
U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Oil output from the U.S. Gulf of Mexico can continue growing despite market uncertainty created by the most geopolitical ...
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
Wall Street is pointing toward losses in premarket trading and oil prices fell to a four-year low after OPEC+ said it plans ...
Kansas crude prices also drop to four-year lows. Kansas Common crude at CHS in McPherson starts the week at $48.50 per barrel ...