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

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...

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

U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...

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 ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

A drop caused by policy changes in the United States ... “We believe we are at a tipping point for U.S. oil production at current commodity prices.” OPEC’s contribution to falling oil ...

OPEC+ announced a surprise collective output increase of 411,000 bpd, triggering a wave of oil ... and production growth through oil prices lower than the breakevens for new shale wells. OPEC ...

Investing.com -- Goldman Sachs has lowered its oil price forecast to reflect an upward revision to expected OPEC+ supply ...

Changes in inventories reflect fluctuating ... When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect.