Texas has impressed us all once again by knocking their previous oil production record out of the park in 2024 with an ...

Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based ...

Harold Hamm: would need an oil price of around $80 per barrel to cover the cost of drilling wells.' U.S. Energy Secretary Wright: the administration isn’t targeting a specific price of oil ...

U.S. West Texas Intermediate crude futures fell $1.13, or 1.7 percent, to $66.55 a barrel on Thursday. This comes as the International Energy Agency reported that global oil supply could exceed ...

The Red Sea and the Suez Canal are ... Energy Agency warned last week that global oil supply could exceed demand by approximately 600,000 barrels per day in 2025, due to record production in ...