Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

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

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 ...

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 ...

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

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...

ConocoPhillips (NYSE: COP) has spent several years building a low-cost oil company. The result is an oil company that can ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Oil prices rose $2 at settlement on Thursday. Brent futures were up $1.72, or 2.81 percent, to close at $62.84 a barrel. West ...

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new ...

Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.