The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...

Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

On May 3rd it and its allies (OPEC+), which supply 40% of the world’s crude oil, announced ... cartel when deciding on production levels. Even if its priorities change, how much Kazakhstan ...

Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the ...

OPEC+ is accelerating the rollback of production cuts ... analysts at Standard Chartered have reported that the latest OPEC ...

Changes in inventories reflect fluctuating supply ... When OPEC decides to lower quotas, it can tighten supply, pushing up ...

• 10:30 AM ET - EIA Crude Oil Inventories: Expected -2.400M, Previous -2.032M. This weekly report measures changes in ...

The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest ...

The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...

Investing.com - Crude oil prices have bounced at the start of this new week on news of a trade deal between China and the U.S ...

Reported first-quarter 2025 earnings per share of $2.23 and adjusted earnings per share of $2.09. Generated cash provided by operating activities of $6.1 billion and cash from operations (CFO) of $5.5 ...