Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.

U.S. crude oil inventories fell unexpectedly last week as exports increased and refineries raised their capacity use, ...

A demand outlook clouded by trade disputes between the U.S. and China coupled with OPEC+'s decision to unwind supplies will ...

Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...

He notes that oil prices could drop to $60 per barrel but expects a recovery in the next 18 months. To watch more expert insights and analysis on the latest market action, check out more Catalysts ...

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as ...

US crude oil inventories rose during the week ended April 25, but gasoline and distillate inventories declined, the American Petroleum Institute (API) released on April 29 showed. Crude inventories ...

Exxon's industry-leading cash flow enabled it to deliver industry-leading shareholder returns. The oil giant sent $9.1 ...

MUFG forecast an oil oversupply of 1.1 million barrels a day in 2025, with Brent crude at an average of $66 a barrel, from $73 a barrel previously.

Rhino Resources has revealed test results from its Capricornus-1X discovery well offshore Namibia, with the probe flowing at least 11,000 barrels per day of light oil, with limited associated gas ...

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By Zain Vawda - Apr 03, 2025 Brent crude oil prices fell sharply due to OPEC+ increasing output by 411,000 barrels per day in May, exceeding previous plans. US crude inventories unexpectedly rose ...