With the U.S. benchmark WTI crude prices at $60 per barrel, it’s mostly “hold, baby, hold” in the American shale patch, where output in the major basins except the Permian has already ...

(Reuters) -ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that weak oil prices would likely lead to output cuts in the ...

NEW YORK (Reuters) - Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic impact of tariffs have raised short-term oil price ...

The company flagged challenging times for the U.S. oil industry in recent months, as oil prices plummeted on concerns ... capping off a sharp increase in output over the past two decades.

The investment bank cut its price forecast for Brent crude to $60 ... that the eight producers that have made voluntary additional output cuts, including allies Kazakhstan and Russia, will ...

Prices dipped early on Monday after the OPEC+ group decided on Saturday to raise collective output by 411,000 barrels per day (bpd), nearly triple the volume originally scheduled. The U.S ...

(Reuters) - Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and its allies, OPEC+, to accelerate oil output increases ...

As the world battles a global crude price crash, Nigeria’s average daily crude output has fallen again in March, threatening the nation’s budget. According to data released by the Nigerian ...

Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four months, just days after a surprise move by OPEC+ to boost production.

Growth-sensitive commodities, including copper and crude oil, were already under pressure, with oil prices falling by 4% after the announcement. The decision by eight OPEC members to raise output ...

A parliamentary panel has pointed out that the increase in milk prices is less than the average rate of food inflation and asked the government to examine the mechanism of price determination by ...

Latest data from the Central Statistics Office (CSO) shows the value of Irish agricultural output rose by 8 per cent to €12.2 billion last year on the back of 17 per cent rise in milk prices.