After increasing 990,000 barrels a day year-on-year between January and March, the rate of consumption growth will decelerate ...

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

EOG Resources was awarded a new onshore oil exploration concession for Unconventional Onshore Block 3 in the United Arab Emirates, where it expects to begin drilling in this year's H2.

The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.

The price of Brent crude oil is $64.21 per barrel, and the price of WTI crude oil is at $61.03 per barrel. See the historical price charts and analysis below. See the historical price charts and ...

The price of Brent crude oil is $64.35 per barrel. Oil prices are customarily quoted in dollars (USD) worldwide. This guide explains exactly what the oil spot price represents and what factors ...