Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Morgan Stanley analysts reshuffled their ratings on European energy major, upgrading TotalEnergies to Overweight but ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...