Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
Despite the risk of a correction, the combination of U.S. sanctions, inventory draws, and cautious OPEC+ policies supports a ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
There's nothing wrong with Devon Energy, and it is, in fact, a well-respected energy producer. But its stock is only a good ...