News

Canada's second-largest oil producer Suncor Energy said on Wednesday a recent cost-cutting campaign had set it up well to ...
U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...
Colombia's state oil firm Ecopetrol is planning to cut some 1 trillion pesos ($232 million) in costs and expenses and ...
Harbour Energy, a critic of the windfall tax, claims a "punitive" fiscal regime is harming profits and investment.
Russia's budget proceeds from oil and gas sales fell by around 12% in April compared to the same month last year, the finance ...
An oil leak caused by an over 8-year-old-well spewed into a Louisiana marshland for a week. Responders are now beginning the ...
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
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 ...
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...