Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...

U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

The regulatory scrutiny has delayed several deals for months. But experts said the delays aren’t having a noticeable impact ...

Rising costs are impacting new oil production, but shale projects and certain offshore segments remain economically viable, ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

OPEC+ is set to meet tomorrow, and the group will be under pressure to support oil prices which have been falling fairly ...

Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...

Crude oil gained more than 4% as reports of Iranian missiles targeted at Israel came in Tuesday, in an escalation of tensions ...

Opec secretary general Haitham Al Ghais and his Opec research team unveiled the group's latest annual World Oil Outlook at ...

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...