Oil futures show a rare "smile" curve—immediate tight supply (backwardation) followed by expected oversupply (contango). Analysts expect oil prices to remain subdued short term, with a slow ...

Saudi Arabia raised oil prices for Asia even as demand appeared weak, fueling speculation about its motives and signaling a potential rift within OPEC+. Despite confusion and falling prices ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hover near four-year lows.

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

Upstream companies search the globe for new oil reservoirs and assemble drill sites for extraction. Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally ...

Developer Ice Code Games has announced tactical turn-based strategy extraction shooter, Nightmare Frontier, for PC via Steam. It will launch in Early Access in Summer 2025. View the reveal trailer ...

Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed By Investing.com - Nov 17, 2023 Investing.com -- Oil prices staged a rally Friday, but that proved too little too ...

Port Harcourt—A fresh oil spill has been reported in Ikata community, Ahoada East Local Government Area of Rivers State with attendant massive destruction of crops in the surrounding environment.

The trial of Richard Satchwell, who denies the murder of his wife, Tina, in Cork in 2017, resumes for a fifth day at Dublin's ...