The decline in oil prices and U.S. shale production potentially peaking will shift global oil supply and price volatility. Read more on what oil and gas CEOs are saying.

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

A steep drop in oil prices in the first months of the year has undermined any plans for oil companies to “drill, baby, drill.

A deep dive into how a potential global economic slowdown could influence oil prices through reduced demand, OPEC+ responses, ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

US shale operators are optimizing costs and efficiency by increasing multi-well drilling and adopting electric frac fleets, ...

By Mathew Cohen Argentine state energy firm YPF's first-quarter 2025 results revealed significant expansion in Vaca Muerta operations, with shale oil production averaging 147,000 barrels per day ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

ConocoPhillips COP reported first-quarter 2025 earnings that exceeded expectations. This was driven by higher oil equivalent production volumes, which surpassed the high end of the upstream player’s ...

Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to ...

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