There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

The U.S.'s decision was surprising given Trump's 'longstanding focus on bringing down energy prices,' says one analyst President Trump's new efforts to sanction Russian oil could also hurt U.S.

The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Saudi Energy Minister Abdulaziz bin Salman Al Saud delivers a ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

Exxon recently reported strong third-quarter financial results. The company's strategy of investing in its best assets is paying dividends. It expects to get even better over the next five years. That ...

Russia’s seaborne crude shipments retreated for a fifth week to deepen a trend that began when the US sanctioned its two biggest oil companies. The move has also sent prices tumbling to tighten the ...

NEW YORK, Oct 15 (Reuters) - Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade tensions and the International Energy Agency's prediction of a supply surplus in 2026.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale producers are not embracing the "drill, baby, drill" mantra ...

Oil prices are having a down year. Brent, the global benchmark price, has fallen 15% to around $63 a barrel. That slump has ...

NEW YORK, Nov 12 (Reuters) - U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. U.S. shale producers are using new technologies to extract more oil from existing wells, even ...