Crude oil remains a cornerstone of the global energy economy, with a few key nations dominating production. ・United States ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

Brent crude futures and U.S. West Texas Intermediate crude had settled at their lowest since February 2021 on Monday, driven ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7% early ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

The return of Chinese market participants after a five-day public holiday since May 1 was also seen supporting prices on ...

Major oil producing group OPEC Plus says it will accelerate production hikes in June, despite falling crude oil prices.

The former head of Mexican state oil firm Pemex's exploration and production arm has returned to his post after the surprise ...

Following suit from the previous month, OPEC + has decided upon proliferating oil production, resulting in a challenge to the U.S. shale supply, whilst resulting in a plunge in oil prices.

Stocks fell in morning trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ group announced plans to increase output.