U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...

The rise in crude oil stocks continues amid refinery maintenance season, but oil products continue to see inventory draws ...

The projection has been revised downward by $0.40 per barrel from the early February report, primarily influenced by OPEC+ ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

Ohio produced a state record of nearly 30 million barrels of oil in 2023, a 35% increase from the previous year, a new industry report says.

Commercial crude stocks are seen rising by 500,000 barrels to 435.7 million barrels in the week ended March 14, according to the average estimate of eight analysts and traders. Five expect an increase ...

Ecuador's state-owned oil company declared an emergency over a damaged pipeline and cut crude exports on Tuesday following a ...

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has revealed that Nigeria’s crude oil reserve of 37.5 billion barrels and its 209.26 trillion ...

Engaging Articles of the Week Interesting and a bit sad data points: For a given quality, a barrel of oil is a barrel of oil.

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 ...

Oil prices rose and Goldman Sachs cut its 2025-26 price forecasts on expectations of slower demand growth and higher supply.