Despite the biggest supply shock in history, the oil market turned out to be significantly more flexible than most experts ...

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

The L.A. City Council attempted to phase out oil production in 2022, but the ordinance was struck down by a judge following ...

The moment of truth is just about here.

LONDON, June 15 - A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz ...

Mukesh Sahdev, Chief Oil Analyst at XAnalysts, expects oil prices to remain in the "high $70-80s" amid a gradual reopening of ...

More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up ...

Salt can become a hot commodity amid a boom in demand for sodium-ion batteries, according to Morgan Stanley. Analyst Jack Lu ...

Tullow Oil will expand Jubilee development offshore Ghana. All six wells from the 2026 drilling program will be onstream this year. A Plan of Further Development has been approved for drilling of up ...

Global oil stocks outside China are drawing down at nearly 1.7 million bpd -- and even China has started tapping its reserves, eroding the inventory buffer that has kept prices from spiking further.

(Corrects paragraph 8 to clarify that Guyana's share of oil will climb from 12.5% closer to 50% baseline, not that its share of profit oil will climb to 50%) By Sheila Dang and Kemol King ...

A Texas oil executive accused of theft of services involving at least $300,000 has been arrested in New York and is now facing first-degree felony charges in West Texas, prosecutors announced Friday.