The historic Spindletop oil site in Texas offers a model for storing more natural gas underground amid forecasts of surging ...

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...

According to OPEC’s forecast, US oil production is projected to reach 23.1 mln bpd by 2030, compared with 21.8 mln bpd in 2024. Shale oil and tight oil output are expected to increase to 16.5 mln bpd ...

Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.

A group of eight major oil producers - Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Oman, Iraq, Kazakhstan and ...

Dubai OPEC+ has opted to raise oil production by approximately 548,000 barrels per day in August, marking a sharp departure from earlier plans and surprising markets worldwide. The move, confirmed in ...

OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group's long-term strategy ...

U.S. benchmark crude oil prices are hovering below the level oil executives say they need to drill new wells at a profit, spurring concerns that the country’s output could stagnate or even stall ...

Discover why US shale oil production faces challenges ahead, with plateauing growth, weather impacts, and potential production drops at $50/bbl WTI. Click for more.

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