U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for ...

Organization of the Petroleum Exporting Countries or OPEC noted that in February, Indias oil demand inched up by 28 thousand barrels (tb) per day (d), y-o-y, down from growth of 132 tb/d, y-o-y, seen ...

The White House is pushing oil prices toward US$50 a barrel, and perhaps even lower if you believe — difficult as it is — what US trade czar Peter Navarro said. As oil prices plunged 17 percent in a ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the oil major, which was working to secure crude before wrapping up ...

At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said. Image by yamonstro ...

To receive market updates in your inbox, sign up to the newsletter Global Macro Playbook. The United States' reliance on exporting easily replaceable commodities like oil and agricultural goods ...

Crude oil inventories in the US rose by 0.515 million barrels in the week ended April 11, 2025, above market expectations of a 0.4 million build, data from the EIA Petroleum Status Report showed.

April 10 (UPI) --The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf.

She covers current events, breaking news and issues including substance use. An estimated 3,500 barrels of crude oil spilled into an agricultural field in North Dakota after a Keystone Pipeline ...

An estimated 3,500 barrels of crude oil spilled into an agricultural field in North Dakota after a Keystone Pipeline employee heard a "mechanical bang" from the system early Tuesday morning ...

Last year, the U.S. pumped a record-breaking 13 million oil barrels a day. New technology has enabled the industry to create more reserves, meaning it is much more unlikely for a dramatic shortage ...