Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil ...
Oil has slipped to its weakest levels since 2021, a sharp reversal from the supply shock narrative that dominated energy markets over the past few years. Instead of scrambling for barrels, traders are ...
In my October 28, 2025, recap of the energy sector in Q3 on Barchart, I concluded with: Crude oil is the leading energy commodity that continues to power the world. U.S. energy policy, OPEC+ ...
The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're prepared for ...
Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...
Global oil prices are projected to fall to a five-year-low in 2026 on growing supply and weaker demand, the World Bank Group said Wednesday in its Commodity Markets Outlook. The bank forecast Brent ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
Crude oil supply in the United States will likely plateau and even slightly decline if the price of oil remains in the low $60s or drops further, one top oil executive warned. For months, oil and gas ...
OPEC and its allies, together known as OPEC+, have been gradually increasing their oil output quotas since April. With U.S. crude-oil prices hovering below the often critical $60 threshold, you might ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits. By Rebecca F. Elliott Oil prices have fallen, climbed and fallen again over ...
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
Brazilian state-controlled oil company Petrobras (PBR) trimmed its five-year investment plan for 2025-2029 by about 2%, reducing capital expenditures from $111 billion to $109 billion. This move aims ...