Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops.

The number of oil rigs in the US fell by six in the week ended Friday, while crude futures were headed for the first weekly decline in five weeks. The count for oil fell to 472 rigs from 478 last week ...

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

President Donald Trump needs to choose what he wishes for — a lower oil price or higher domestic crude volume — because “he ...

Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western ...

The Nation Newspaper Transforming Nigeria’s oil and gas upstream operations through advanced declaration solution platform ...

Fuel and electricity prices are below historic averages. The U.S. is the largest producer of crude oil and natural gas in ...

The American Petroleum Institute's chief executive spoke about fuel costs as well as artificial intelligence at a conference ...

Oil prices were on course to end the week lower after US President Donald Trump urged OPEC to lower crude prices.

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods ...