There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help ...

US President Donald Trump promised to ‘drill, baby, drill’. After a year in office, the US oil rig count is steadily ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S.

Oil prices posted a sharp weekly decline ahead of Sunday's OPEC+ meeting. After major oil producers earlier this year decided to lift their output quotas, prices dropped to a four-year low, then ...

Crude oil production in the United States surpassed 7 million barrels per day (bpd) in November last year, the first time since December 1992 that output reached that level. According to numbers ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing ...

October WTI crude oil (CLV25) today is down -1.75 (-2.67%), and October RBOB gasoline (RBV25) is down -0.0301 (-1.47%). Crude oil and gasoline prices are falling sharply today on concerns of a global ...

A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil ...

November WTI crude oil (CLX25) today is down -1.00 (-1.58%), and November RBOB gasoline (RBX25) is down -0.0224 (-1.15%). Crude oil and gasoline prices have fallen sharply for a second consecutive day ...

Crude oil prices had gone nowhere fast and remained in a trading range around the $60 per barrel pivot point on the nearby ...

Escalating tensions may constrain near-term supply, but a post-Maduro scenario with lifted sanctions could allow Venezuela to ...