U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...

Colombia's state oil firm Ecopetrol is planning to cut some 1 trillion pesos ($232 million) in costs and expenses and ...

Harbour Energy, a critic of the windfall tax, claims a "punitive" fiscal regime is harming profits and investment.

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

Russia's budget proceeds from oil and gas sales fell by around 12% in April compared to the same month last year, the finance ...

Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the U.S., tensions ...

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...