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

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 ...

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

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

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

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

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

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

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 ...

The talks focused on reviving stalled energy cooperation with Iraq, including the restart of a key oil pipeline.

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

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 – ...