The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the oil producer to ...

Josh Young at Bison Interest says oil could return to $100 per barrel this year, even as OPEC+ considers another output hike ...

Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries over ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

WITH the upcoming meeting of OPEC+ next month in Vienna, oil markets are anxious about the group’s potential decision to ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

Kazakhstan is on track to surpass its oil production target for 2025 thanks to a Chevron-led expansion at the Tengiz field, ...

OPEC+ members are reportedly discussing whether to agree on another super-sized production increase at their meeting on June ...

WTI crude oil futures were rejected near the 64.00 psychological level on Wednesday and moved lower, as reports of a ...

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...