Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

The rig’s return will enable the drilling of new wells at the Zohr field using advanced deepwater technology. These efforts aim to quickly add new production volumes once drilling operations are compl ...

Energy executives forecast Permian Basin oil production growth will slow by 25% in 2025 despite Trump's plan.

HOUSTON (Reuters) -Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at ...