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U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
Oil prices climb 4% on signs of more demand in Europe and China, Middle East tensions
Oil prices climbed about 4% on Tuesday on signs of higher demand in Europe and China, rising tensions in the Middle East and ...
EIA Cuts Oil Price Estimates on Expected Inventory Builds
The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...
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Oil Jumps as Traders Buy the Dip
OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...
Oil price crucial for Russia, but national interests come first, Kremlin says
Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...
Trump Says With Lower Oil Prices, Putin Is More Eager to Settle the Ukraine War
U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin ...
These U.S. Goods—From Oil To Cars—Could Face Price Hikes As Europe Reportedly Considers New Tariffs
The U.S. has largely replaced Russia as one of the largest exporters of oil and gas into the EU since Russia invaded Ukraine ...
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...