U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

“We’re in the process of seeing low prices, cure low prices,” said Boockvar in an interview at CNBC, noting that U.S. shale ...

NEW YORK (Reuters) - Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between ...

Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...

In a season when genuine statesmanship is regrettably in short supply, Professor Jibril Aminu's death at the age of 85 marks the closing chapter of a unique ...

In its 65 years of existence OPEC has navigated many crises, from Gulf wars and America’s shale boom to a pandemic-era oil ...

CALGARY - More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch ...