U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.

U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...

Rising oil production that may surpass the yearly demand growth of the commodity will probably drag down prices. This will ...

US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...

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Additionally, retrofitting aging energy infrastructure with advanced, corrosion-resistant fittings is further propelling ...

While the cause remains unconfirmed, sources suggest it could be linked to sabotage, vandalism, or equipment ... of crude oil per day, contributing significantly to Nigeria’s oil production ...

Port Fourchon at the southern tip of Lafourche Parish is the go-to service station for offshore energy production, serving as ...

Petrobras may be a stronger contrarian bet than Schlumberger Limited amid OPEC+ changes, trading discounts, and robust ...

West Texas Intermediate crude, the U.S. benchmark ... who rely on specialty metals for pipes and production equipment. During Trump’s first term, oil companies won tariff exemptions on some ...

There was a time, back in 1988, when Alaska produced more crude oil than any other state. That’s not the case anymore. Production there has dropped by around 75%. But a report out this week from ...

Drilling & Production Equipment Demand to Decline ... production volumes of the commodity to overcome yearly crude oil demand growth as the reason for lower oil prices. Thus, a lower pricing ...