US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...

Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia ...

Several OPEC+ members are planning to propose a second consecutive monthly acceleration of oil output hikes in June, Reuters ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in a bid to push crude prices higher. Those efforts helped to keep crude above ...

Petroleum futures fell broadly by midday Wednesday as a report of a possible output hike by OPEC and its allies more than offset U.S. data showing decent drawdowns of refined product stockpiles last ...

Venezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its ...

Oil traders aren't persuaded by the equity rally, since big problems are brewing within the Organization of the Petroleum Exporting Countries, said Manish Ra ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Click ...

Rigzone asked oil and gas recruitment experts what the biggest oil and gas hiring surprises they've seen so far this year are ...

President Trump’s tariffs, global economic concerns, and OPEC oil production hikes have added much more risk and uncertainty ...

Investors concerned about relatively weak oil prices got a boost Tuesday from comments by Chevron ( CVX 2.56%) CEO Mike Wirth ...