The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers ...

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, ...

Diamondback Energy’s CEO told shareholders that “prices, volatility and macroeconomic uncertainty” threaten U.S. oil ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Lower WTI crude prices below $60 bring mixed impacts: consumer savings vs. energy sector losses. Explore how this shift ...

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

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

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

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...