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 ...

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

An oil leak caused by an over 8-year-old-well spewed into a Louisiana marshland for a week. Responders are now beginning the ...

Canada's second-largest oil producer Suncor Energy said on Wednesday a recent cost-cutting campaign had set it up well to ...

A U.S. Coast Guard-led operation has contained an oil well's uncontrolled discharge into Louisiana's Garden Island Bay after ...

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

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

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

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

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

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

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 – ...