U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Explore Diamondback Energy's resilience: robust cash flow, cost control, and share buybacks despite recession risks & OPEC+ ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Oil prices jumped in Asian trading on Tuesday, rebounding from a four-year low driven by demand concerns and rising global ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows. “We have ...

Oil industry consultant Rystad Energy has slashed its estimate for US onshore crude growth by more than half for this year, ...

U.S. benchmark crude oil prices are hovering below the level oil ... of the Petroleum Exporting Countries is rolling back some production cuts.

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hover near four-year lows. "We have a ...