Crude oil prices extended their losses following reports that OPEC+ is considering a further production increase in July, ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

The analysis highlights the Permian’s competitive advantage, with the next-to-lowest operating breakeven of $42.90/bbl, the ...

OPEC revised its World liquids demand estimate lower by 100 kb/d in 2024 compared to last month. The OPEC Monthly Oil Market Report (MOMR) for May 2025 was published recently. The last month ...

After weeks of speculation, OPEC made it official last week by announcing they will restore oil production at a faster clip ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...

Netflix slumped 1.8% and Warner Bros. Discovery fell 1.1%. Shoemakers posted gains following the announcement that Skechers is being acquired for $9 billion and taken private by the investment ...

North Dakota oil and gas production grew in March, but activity is set to take a slight dip, the state's top oil regulator ...

An inflation slowdown in this week's CPI report may be partly caused by an unlikely factor: tariffs. They're pushing down prices by dampening demand ...

LONDON, May 14 (Reuters) - OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected ...