Oil prices below $50 a barrel could hurt final investment decisions on offshore projects, oilfield services company Weatherford International's CEO Girish Saligram said on Monday.

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

Democrats have missed opportunities to stabilize the oil market in the past. When oil prices crashed during the Covid pandemic, threatening shale companies with bankruptcy, party leaders blocked a ...

Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which ...

including offloading ships and provisioning oil at Houthi-controlled ports,” it said. US strikes come as part of monthlong intense campaign An Associated Press review has found the new U.S ...

The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader US crackdown on companies and vessels skirting US sanctions.

This photo taken from video released by Al Masirah TV channel shows medics carrying a wounded man into the hospital after U.S. airstrikes targeted the Ras Isa oil port held by Yemen's Houthi ...

The US military says the attack aimed to restrict supplies and funds for the Iran-backed Houthis US air strikes on a key oil terminal on Yemen's Red Sea coast controlled by the Houthi movement ...

US airstrikes targeting Ras Isa oil port in Yemen’s Al Hudaydah province ... Houthi efforts to terrorize the entire region for over 10 years," it wrote on X. The operation aimed to degrade ...

(Oilprice.com, Aug. 29, 2024) Turning to the United States, another Oilprice article from last year quoted ConocoPhillps CEO Ryan Lance, who forecast that US ... oil production will peak at 10 ...

Turning to the United States, another Oilprice article from last year quoted ConocoPhillps CEO Ryan Lance, who forecast that US production would advance to about 14 million barrels of oil per day ...

Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing ...