President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...

Increasing production to drive prices lower may be good for inflation data, but oil and gas companies must operate above ...

WTI crude oil (CLK25) today is up +0.10 (+0.14%), and May RBOB gasoline (RBK25) is up +0.0148 (+0.65%). Crude oil and ...

Libya has launched its first oil and gas exploration bid round in 18 years, offering 22 offshore and onshore blocks under ...

A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, ...

U.S. crude oil production averaged 13.574 million barrels per day (b/d) during the week ending March 21, up by 1,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said ...

Canada's oilpatch should be better able to weather the current slump in crude prices than it was during past downturns, ...

HOUSTON, April 2 (Xinhua) -- U.S. crude oil production averaged 13.580 million barrels per day (b/d) during the week ending March 28, up by 6,000 b/d from the previous week, the U.S. Energy ...