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Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...
Analysts expect oil prices to remain subdued short term, with a slow recovery later in 2025 as U.S. output declines.
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ ...
The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...
Here's a breakdown of the forces that are buffeting oil prices, and what it means for individuals and the economy.
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Russia's oil and gas revenues plunged by 12% in April, with full-year forecasts slashed by 24% due to tumbling oil prices and ...
Aker BP Chief Executive Officer Karl Johnny Hersvik said the company’s portfolio of projects aimed at driving production ...
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...