The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

Oil output from the U.S. Gulf of Mexico can continue growing despite market uncertainty created by the most geopolitical ...

BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by ...

Wall Street is pointing toward losses in premarket trading and oil prices fell to a four-year low after OPEC+ said it plans ...

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 prices fell by more than $1 a barrel on Monday after OPEC+ decided to expedite its output hikes, causing concerns about ...

West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...

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. 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 ...

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 ...

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. Energy Information Administration released on Wednesday ...