Energy flows intelligence firm Kpler forecasts that US crude oil supply growth will slow for the rest of 2025 and into 2026, and peak as early as this year. Kpler attributes this revised forecast ...

Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided this weekend to hike production in June with a similar 410,000-bpd increase it is implementing in ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. By Rebecca F. Elliott Oil prices resumed their slide after the OPEC Plus cartel of ...

Oil prices are at their lowest levels since the spring of 2021. At Thursday's close, a barrel of West Texas Intermediate crude was $59 a barrel, down from $74 at the start of January. The last ...

Oil prices dropped 2% on Monday to their lowest level since February 2021. The decline was sparked by OPEC's plans to increase oil supply by 411,000 barrels per day in June. Americans can expect ...

For countries that depend heavily on oil revenue, dropping prices are worrisome. By Neil MacFarquhar Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard announced Sunday evening that the offshore well blowout — first reported ...

Former federal disaster response specialists and national environmental groups warn that DOGE job cuts may hamper the response to a major oil spill off Louisiana's Gulf Coast this week ...

A Free Press investigation of serious incidents involving oil and gas facilities found a number of incidents where workers or the public were injured - with one worker dying from his injuries.

CISA warned critical infrastructure organizations of "unsophisticated" threat actors actively targeting the U.S. oil and natural gas sectors. While these attacks use very basic tactics to ...

Murphy Oil has made another shallow-water oil discovery in Vietnam's Cuu Long basin where it is currently developing the Lac Da Vang (Golden Camel) oil project. The Lac Da Hong-1X (Pink Camel ...

This isn’t what the global oil alliance normally does. When prices are low their strategy has most often been to cut output to keep prices at around US$80 a barrel. Oil was already one of the worst ...