U.S. shale producers likely will further slow their activity as oil prices seem set to remain below $65/bbl, UBS says, noting ...

Oil rose but UBS lowered its U.S. oil liquids supply forecast to 400,000 barrels a day for 2025, saying that shale producers were expected to slow activity with prices expected to remain below $65.

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

With the 15% drop in oil prices this month, consumers will be enjoying lower gasoline and diesel prices. Still, ...

Energy Secretary Chirs Wright spoke positively about the oil and shale industry, despite the steep drop in prices.

Oil prices are forecast to continue falling in 2025, but the drop will need to be even more dramatic than expected for the ...

Occidental said its average realized price for oil output was $71.07 per barrel, compared to $69.73 per barrel it realized ...

Despite President Trump's exhortations to "drill, baby, drill," U.S. shale oil producers are facing their most serious crisis since the pandemic, as the sudden oil price selloff triggered in part by ...

Gunvor's head of research asserts that the recent oil price crash below $60 per barrel was an excessive market response to ...

U.S. shale oil producers are facing their gravest threat after a sudden crude price sell-off triggered by President Trump’s trade war pushed ...

Oil prices fall to their lowest level since April 2021 and OPEC announces it will increase production. Lowering energy costs ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...