Tanker owners are looking to the Opec+ alliance in the hope that it will continue to boost crude volumes at its next meeting ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Oil stocks have made many millionaires, but this highly cyclical industry is not without risks. Learn how to invest your money in the best oil companies.

OPEC to unleash supply Monday's price decline came after a weekend OPEC+ meeting, in which the group of 8 oil-producing countries ... Read next BI Tech Memo An icon in the shape of an angle ...

Meanwhile, with further improvements in its cash flow ahead, the oil stock will become an even more efficient cash-producing machine. That higher production enabled ConocoPhillips to generate $5.5 ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7 ...

The EIA’s latest STEO highlighted that U.S. crude oil production averaged 13.35 million barrels per day in the first quarter of this year. The Lower 48 states, excluding the Gulf of America ...

By Neil MacFarquhar Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen as the initial, alarming sign of ...

Oil prices are in free-fall, just in time for the busy summer driving season. US Crude prices dropped 2% on Monday to $57.10 a barrel, hitting the lowest level since February 2021, when the ...