The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that ...

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United ...

Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of ...

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are ...

Indian state player in January selected BP as the technical services provider for Mumbai High as it seeks to revive oil and ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

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US independent EOG Resources is looking to fast-track a new shallow-water oil discovery in Trinidad & Tobago in an area ...

BISMARCK – North Dakota produced 1.163 million barrels of oil a day or 32.5 million barrels of oil in February, according to the North Dakota Department of Mineral Resources. The February production ...

NEW YORK (AP) — Stocks slipped in afternoon trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ ...