U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...

Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. The cartel, ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada’s oilpatch next week ...

Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...