Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has fallen to ...

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota's Bakken shale, citing low margins as oil prices remain near the $50 per barrel range and costs increase.

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 ...

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 ...

Low oil prices, a global glut of crude, a strong ruble, and sanctions are all weighing on Russia’s oil and gas revenues. As a ...

Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...

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Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...

Russian oil is trading at about $50 a barrel. That's well below Moscow's forecasts, but not low enough to force Vladimir Putin into major policy shifts.