Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...
Rising U.S. stockpiles and trade tensions pressure crude prices, but Iran sanctions could tighten supply. What’s next for the ...
Shell, Chevron, and ExxonMobil—three of the world’s biggest energy giants—are taking different paths to navigate this shift.
Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...
Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...
OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...
(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.