Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...
The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits.
Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...
Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.
Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...
Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...
Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...
The government stopped publishing official output figures after November 2023, just weeks before its departure became ...
Saudi Arabia is caught between Donald Trump and a hard place, as the U.S. president’s latest oil sanctions on Russia force ...
Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.