But frackers have no immediate plans to pump more crude. They have wrestled with lower oil prices in recent months and have been steadily shedding oil rigs and sending crews that frack wells home.

Philippine fuel retailers have agreed to implement scheduled pump price hikes for this week on a staggered basis in a bid to ease the burden of potential major adjustments, the Department of Energy ...

Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane.

Patna: Four men on Saturday opened fire, damaged a petrol pump and thrashed the staff in Bihar's Begusarai allegedly over a Rs 10 dispute.

Mechanical Engineering & Contracting Company submitted a price of $70m ...

A possible mixed movement in the prices of petroleum products is expected to be implemented next week, according to the Department of Energy - Oil Industry Management Bureau (DOE-OIMB) on Friday.

OIL companies announced a price rollback in petroleum products on election day. Gasoline prices will be reduced by P0.30 per liter, diesel by P0.30 per liter, and kerosene by P1.25 per liter ...

Hyundai recalls 620 units of the 2025 Palisade over fire risks from faulty oil pump controllers; free fixes available starting July 4, 2025.

OPEC+ hike in production and Goldman's oil price forecast decrease led to a selloff in US energy stocks. Brent and WTI may drop to $40s by 2026.

US oil prices are down over 22% since hitting a peak in January. Oil markets have suffered amid trade war and recession uncertainty. OPEC+ is discussing plans to boost oil output in June.

ExxonMobil and Chevron are both exploring behind-the-meter solutions for data centers, leveraging natural gas and, potentially, carbon capture and storage, to provide reliable, decarbonized power.