U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader ...

In late May, Libya’s attorney general said three suspects were detained for allegedly storming the National Oil Corporation’s ...

Global oil production is projected to expand more than anticipated in 2025, according to the International Energy Agency (IEA ...

Chevron has shipped its first Venezuelan oil cargoes to the US under a renewed license, marking a shift in US-Venezuela ...

Crude oil and gasoline futures were lower ahead of midday Friday, leaving oil contracts on track for another week-to-week decline as the market awaits the outcome of a meeting between President Trump ...

Nigeria’s oil sector is showing signs of renewed momentum as crude production edges closer to 1.83 million barrels per day (mbpd), ...

Canada's oil and gas sector is producing more than ever, but job growth is failing to keep up as many companies focus on short-term returns, mergers and acquisitions, and increased automation, a new ...

Although this week’s economic data looked good for GDP, there is a pervasive sense of waiting for the US tariff that affected ...

Regardless of the outcome of the Trump-Putin meeting, SPI Asset Management's Innes said the summit wasn't "a magic lever for supply." That's because "Russian output isn't only capped by sanctions - it ...