Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is expected to peak in the 2030s. Saudi Arabia, with its significant ...

Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil. Forecasts slashing oil demand due to trade tensions may be overstated.

President Trump cast himself on the campaign trail as the savior of U.S. oil and gas. His shock treatment of the American economy has left the industry reeling. Since Trump took office, ...

CL/WTI Technical Analysis The light sweet crude oil market has initially plunged during trading on Thursday here, but you can see that we have had a little bit of a bounce. So the question at this ...

Former federal disaster response specialists and national environmental groups warn that DOGE job cuts may hamper the response to a major oil spill off Louisiana's Gulf Coast this week ...

Oil prices are crashing due to global economic concerns and increased OPEC production. Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may ...

Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently. Moscow has ...

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries. By Rebecca F. Elliott Reporting on energy U.S ...

Oil fell to just $60 a barrel. That’s the lowest we’ve seen it since 2021. (And if you'll recall, that was back during the height of the global pandemic, when we weren’t traveling much.) ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

Notably, Simpson Oil highlights that Parkland’s total shareholder return ("TSR") has collapsed since 2019, underperforming its peers by a staggering 95.7%. 1 As shareholder frustrations have ...

The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil revenue may make it harder to fund Saudi Arabia's ambitious megaprojects.