OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by 2050, up nearly 19% from today’s levels.

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

Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...

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

Wall Street slashed EPS forecasts for oil and gas firms by nearly 19%, with sector earnings now expected to fall 25.6% ...

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 ...

Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

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

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 ...

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