WTI oil shed more than 3% on Monday after a complex OPEC+ decision on Sunday left the door open for voluntary cuts to be gradually unwound. Monitor this crucial chart range.

To free up cash, the oil giants have been cutting costs. Exxon recently announced it would reduce its workforce by 3-4%. Chevron is in the midst of a restructuring that could reduce its headcount by a ...

The month of October is expected to close with nearly 575,000 barrels per day (bpd) of oil imports from the US, while ...

What we do know is the ETF continues to be a good value, with a price-to-earnings ratio of just 16.9 compared to 28.9 for the ...

The average price of a gallon of self-serve regular gasoline in Los Angeles County increased 1.4 cents Sunday to $4.761, two days after rising 7.7 cents for its largest increase since Sept. 28, 2023.

Oregon's average price for a gallon of regular gas is down to its cheapest price since April, while the national average ...

The average price of a gallon of self-serve regular gasoline in Los Angeles County Friday recorded its largest increase since ...

The oil and gas producer posted adjusted earnings of $5.43 billion, while analysts projected it to report $5.09 billion. ・"Shell delivered another strong set of results, with clear progress across our ...

Forecasts of an oil glut clash with reality. Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter than forecasters assume. With OPEC+ ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Big Oil’s early-year optimism has faded. With Brent stuck near $60–$70, shale employment is ...

Oil prices rose sharply on Thursday morning in response to fresh US sanctions imposed on Russia's biggest oil companies.