Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...

Oil and gas activity contracted in recent months as uncertainty lingers, according to most recent the Dallas Fed survey.

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Norway's combined oil and gas production exceeded an official forecast by 1.2% in April, even though it declined slightly year-on-year, the Norwegian Offshore Directorate (NOD) said on Tuesday.

How U.S. oil production reached an all-time high in 2023 As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is ...

As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...

ODESSA — A report from the Texas Oil and Gas Association shows that the state’s energy industry is showing no signs of waning, boasting record levels of crude oil production as the federal ...

The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...

Report details record spending, rising bitumen output, and significant increase in Alberta’s oil and gas reserves ...

The surplus, announced Friday in Alberta Finance Minister Nate Horner’s year-end fiscal update, was roughly $8-billion higher ...