Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its supremacy is waning China and the rest of the world remain thirsty for oil. That ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered ...