Chevron said on Wednesday it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin.
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to ...
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
A Reuters poll showed that U.S. crude oil stockpiles fell by about 1 million barrels in the week to Jan. 10, ahead of an ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...