U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Oil prices rose by more than $2 on Monday, despite producer group OPEC+ sticking with output hike plans, as wildfires in ...

Oil prices were surging on Monday, driven higher by a flare-up in tensions between Russia and Ukraine and an output hike by ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

Oil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Kyiv also suffered a damaging blow when a Russian missile struck a Ukrainian military training base, killing at least 12 ...

In its 65 years of existence OPEC has navigated many crises, from Gulf wars and America’s shale boom to a pandemic-era oil ...

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...

Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...