New York Times reporter Noah Shachtman says Trump made a “corrosive pact” with the U.S. oil industry, and today that pact is ...

The April WTI trading session settled at 68.26 (-0.11) [-0.16%], a high of 68.56, a low of 66.77. Cash price is at 68.38 (-1.35), while open interest for CLJ25 is at 271,199. CLJ2 ...

Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, ...

The Organisation of Petroleum Exporting Countries (OPEC) has denied forecasting a global crude supply surplus in 2026.

Declines in crude were driven chiefly by concerns over a supply glut in 2026. These came to a head on Wednesday following a bearish report from the Organization of Petroleum Exporting Countries, which ...

Brent oil futures for January jumped 1.1% to $63.65 a barrel, while West Texas Intermediate crude futures rose 1% to $59.24 a barrel by 20:08 ET (01:08 GMT). Oil’s rebound was driven by some bets that ...

OPEC has steadily ramped up production so far this year, and plans to increase production further in December. While the cartel did outline plans to halt any further production increases in Q1 2026, ...

Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 ...

Bullion is above $4,200 an ounce as the reopening of US government boosts bets on the Fed lowering interest rates.

Nigeria has once again fallen short of its crude oil production quota set by the Organisation of Petroleum Exporting ...

Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...

OPEC Holds Oil-Demand Forecast Steady While Pointing to Rising Global Inventories The Organization of the Petroleum Exporting Countries left its oil-demand forecasts unchanged as it continues to raise ...