Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

The decline in oil prices and U.S. shale production potentially peaking will shift global oil supply and price volatility. Read more on what oil and gas CEOs are saying.

Oil prices finished higher on Friday but continued to hold ground near the $60 mark, with a spike likely to come only “upon accelerated trade deals or softening of OPEC’s production growth,” said ...

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United ...

Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

Analysts expect oil prices to remain subdued short term, with a slow recovery later in 2025 as U.S. output declines.

The NYMEX June RBOB was up by 6.05cts to $2.088/gal and the July RBOB contract was 5.6cts higher at $2.0575/gal. The NYMEX June ULSD was 5.95cts higher at $2.0360/gal and July ULSD was up by 5.2cts to ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Idaho gas prices dip to $3.29 per gallon as crude oil costs fall. Experts warn of rising demand near Memorial Day despite ...