The OPEC+ countries that have been cutting their oil production for more than a year decided on Thursday to continue easing the reductions by adding 411,000 barrels per day (bpd) to their combined ...

US oil prices tanked more than 7.5% on Thursday ... To make matters worse, OPEC+ announced that eight of its members would boost crude production by 411,000 barrels a day next month.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale producers could increase production even if oil prices fell ...

"Markets are still digesting tariffs, but the combination of increased oil production and a weaker global economic outlook puts downward pressure on oil prices - potentially marking a new chapter ...

The oil industry says upping production means lower prices for taxpayers, energy independence and good jobs for Americans. Is that really so? Driving through the vast, dusty expanse of West Texas ...

Even with a national oil and gas emissions cap, Canada's fossil fuel sector could boost production by 11 per cent by 2032, according to an independent analysis. The Parliamentary Budget Office ...

But he has little to do with it, experts say, and his policies could make it more expensive to increase domestic oil production from already record levels. The price of a barrel of West Texas ...

"Markets are still digesting tariffs, but the combination of increased oil production and a weaker global economic outlook puts downward pressure on oil prices - potentially marking a new chapter ...

BP announced last month it would boost annual spending on oil and gas production as part of a major strategy shift to improve investor confidence. AI has helped U.S. oil producer Devon Energy ...