The decline in oil prices and U.S. shale production potentially peaking will shift global oil supply and price volatility. Read more on what oil and gas CEOs are saying.

Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to ...

Oil futures rallied on news of a trade deal between the U.S. and the U.K. that includes lowering the tariff on British-made cars imported into the U.S. and exempting some goods from an overall 10% ...

Sec. Wright told the US House Committee on Appropriations Subcommittee on Energy and Water Development that the low stocks ...

Barclays lowered its Brent oil price forecast by $4 per barrel to $66/bbl for 2025 and by $2 to $60/bbl for 2026, citing the ...

Energy funds suffered deeply during April as an expected slowdown in global growth caused oil prices to tank throughout the ...

Rhino Resources has revealed test results from its Capricornus-1X discovery well offshore Namibia, with the probe flowing at least 11,000 barrels per day of light oil, with limited associated gas ...

U.S. crude oil prices have fallen below $65 per barrel, down more than 20% since Trump's second term began, making it unprofitable for many companies to boost production, according to a survey by the ...

The U.S. leads the world in oil and gas production, with an output of 20 million barrels of oil a day and accounting for roughly a quarter of global gas production, according to the International ...

WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s ...

The actual increase in crude oil inventories stood at 0.244 million barrels. This figure fell short of the forecasted increase of 1.6 million barrels, hinting at a more robust demand for crude oil ...