Chevron has started production from Ballymore project in the Gulf of Mexico. It is expected to deliver 75,000 barrels/day and marks Chevron's first in the Norphlet trend.

Oil prices remain near one-month highs, gaining over 7% since early March, as tightening supply concerns and escalating geopolitical tensions rattle global markets. New U.S. trade restrictions ...

Oil refineries are a critical part of the world’s energy supply chain, refining crude oil into products like gasoline, diesel ...

And none of it is good news for President Trump’s call to increase U.S. oil production. Just like any commodity in the market, there’s a supply side and a demand side. The oil demand is ...

NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.

The oil market is under significant pressure amid trade tensions. ICE Brent briefly broke below US$60/bbl last week. Click to ...

Crude oil posted its third straight weekly gain, buoyed by intensifying U.S. sanctions on key exporters and persistent signs of tightening global supply. Despite a Friday pullback on recession ...

selling into the resulting rally in oil producer stocks. In January of this year, the EIA predicted that a slight global liquid fuels supply/demand shortfall in the current quarter would give way ...

Oil (CL=F, BZ=F) prices are being influenced by a mix of supply and demand factors. Rebecca Babin, CIBC senior energy trader, joins Trader Talk podcast host Kenny Polcari on Catalysts to discuss ...

Oil prices were sliding in early trade but are headed for a third consecutive weekly gain as markets weigh the impact of global trade tensions against a tightening supply outlook. U.S. President ...