ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. By Rebecca F. Elliott In the last couple of years, the largest U.S. oil companies gobbled up ...

A new 25% U.S. tariff on Indian goods aims to pressure New Delhi to curb Russian crude purchases. If India cuts back purchases, barrels may be effectively removed from the market. India signals it ...

HOUSTON, Aug 29 (Reuters) - Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Syria has just exported its first cargo of crude oil in 14 years after the U ...

Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an upward trajectory that seems to defy falling oil prices. Under normal circumstances, ...

HOUSTON, Aug 27 (Reuters) - Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as investors weighed the potential impact from new U.S.

The Trump administration has announced plans for continued military operations against Latin American drug cartels, following a US strike on a Venezuelan vessel that killed 11 people on September 2.

NEW YORK (Reuters) -Oil prices fell by more than 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October. Brent ...

Why is the oil price rising today? That was the question Rigzone asked Brian Leisen, a Global Oil Analyst at RBC Capital Markets. In response, Leisen told Rigzone that “geopolitics are back in focus ...

The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...

Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.” By Jordyn ...

Guyana is one of the smallest countries in South America, but its elections on Monday might have outsized implications for oil markets and the United States. Here is what you should know. Surrounded ...