The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 million barrels in the week ending December 5 ...
Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
After what has been a trying year for the energy industry, forecasts for the year ahead do not offer much of a reprieve for ...
Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...
Oil demand has defied bearish predictions to keep rising, but supply is set to increase even more, dragging crude prices ...
Crude oil shows early Tuesday resilience but remains capped by technical barriers near $60 in WTI and $64 in Brent.
Market sentiment may be overly bearish on oil, as commercial traders are nearly net long and speculators have largely exited ...
This is certainly not favorable news for global oil producers. On the other hand, such low prices are likely to encourage ...
The country’s oil firms will implement a major price rollback of ₱2.90 per liter for diesel and ₱3.20 per liter for kerosene ...
For the first time after five years of record-breaking revenue growth, New Mexico is projected to take in less money during ...
Chevron can produce a lot of cash at the current oil price point. The oil giant expects to produce significantly more free cash flow next year. Its Hess acquisition extended its growth outlook into ...