The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

LONDON/MOSCOW, May 4 (Reuters) - OPEC+ will accelerate oil output hikes and ... Sign up here. OPEC's de facto leader Saudi ...

OPEC+ announced a surprise collective output increase of 411,000 bpd, triggering a wave of oil ... and production growth through oil prices lower than the breakevens for new shale wells. OPEC ...

Investing.com -- Goldman Sachs has lowered its oil price forecast to reflect an upward revision to expected OPEC+ supply ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

Changes in inventories reflect fluctuating ... When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect.

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

On May 3rd it and its allies (OPEC+), which supply 40% of the world’s crude oil, announced ... cartel when deciding on production levels. Even if its priorities change, how much Kazakhstan ...

Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the ...