OPEC+ has agreed to modest monthly production boosts, keeping oil prices range-bound around $65 per barrel, which benefits consumer countries like the US but creates challenges for producer nations.

ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the third quarter Dallas Fed Energy Survey. Executives from oil and ...

1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe ...

In EIA's latest Short-Term Energy Outlook, the agency projects Brent crude oil prices will decline to an average of $59/bbl in fourth-quarter 2025 from about $68/bbl in August, before falling further ...

Saudi Arabia has recently increased its crude oil production to reclaim market share rather than maintain price stability. This strategic pivot creates ripple effects throughout global energy markets, ...

NEW YORK, Sept 18 (Reuters) - Oil prices eased on Thursday, settling lower as traders remained worried about the U.S. economic outlook a day after the U.S. Federal Reserve cut interest rates for the ...

When President Donald Trump took office, he promised to “unleash American energy” — and quickly left no doubt that he meant fossil fuel energy in particular. “We believe we are at a tipping point for ...

When President Donald Trump took office, he promised to “unleash American energy” — and quickly left no doubt that he meant fossil fuel energy in particular. In the months since, he has opened up vast ...

1508 GMT – Oil prices extend gains in afternoon trade, supported by risks of disruption to Russian supplies due to increasing Ukrainian attacks on key energy facilities and President Trump’s calls for ...

Gas prices could hit a 20-year low and be cut by nearly 50% in 2026. In a new report from the U.S. Energy Information Administration, the agency's Short-Term Energy Outlook indicates the cost of oil ...

Israel's air force attacked Hamas leadership in Doha, Qatar, on Tuesday. After Israel attacked senior Hamas leadership in Qatar on Tuesday, oil prices climbed - but not as much as some traders might ...