Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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 ...

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

Oil prices have rebounded, driven by increased demand, despite ongoing concerns about OPEC+ policies, US tariffs, and ...

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.

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

Crude prices rise as oversold signals and weaker U.S. output offer near-term support ...

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

Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62 a barrel, citing “a rocky road ahead for fundamentals” amid escalating trade ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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