Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

After a lengthy shutdown, South Sudan's oil is flowing again. But experts question whether the resumption of production will ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, ...

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...