Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...

President Trump in a social media post on Thursday threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned to impose a 50% import tax on U.S. whiskey ...

Russian oil exports edged lower in February following the imposition of the latest round of US sanctions, but widening price discounts curbed revenues, according to the International Energy Agency.

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

The justices declined to hear unusual arguments from Republican-led states that sought to end lawsuits against energy ...

HOUSTON (Reuters) -U.S. oil producers will meet with President Donald Trump next week, leading industry group the American ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

The Texas Senate on Wednesday unanimously approved a bill that would create a task force to combat the escalating issue of petroleum theft in the state.

Alberta’s government is moving ahead with plans to allow oil sands producers to pay their royalties in bitumen, letting it ...

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that India's crude imports began the year averaging 4.9 mb/d. This represents an increase of 154 tb/d, or over 3 ...