The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp ...
Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...
The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels ...
Global oil prices are projected to fall to a five-year-low in 2026 on growing supply and weaker demand, the World Bank Group said Wednesday in its Commodity Markets Outlook. The bank forecast ...
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits. By Rebecca F. Elliott Oil prices have fallen, climbed and fallen again ...
Oil prices on Tuesday dropped to their lowest point since 2021. U.S. benchmark West Texas Intermediate was trading at about $55 per barrel, according to Business Insider’s tracker. That’s down ...
OPEC and its allies, together known as OPEC+, have been gradually increasing their oil output quotas since April. With U.S. crude-oil prices hovering below the often critical $60 threshold, you ...
ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on ...