Oil News

Since the early 2010s, the intensive and systematic development of the U.S. shale oil and gas sector has transformed the country from one of the world’s largest energy importers into one of its ...

Oil prices fell by about 1% on Wednesday, pressured by a supply glut in the market, though expectations that the end of the longest U.S. government shutdown in history could boost demand limited ...

Oil prices were little changed on Tuesday as investors balanced concerns about rising global supply with uncertainty over the impact of new US sanctions on Russian crude.   Brent futures rose ...

Contrary to popular belief, oil prices are not determined by a single country, company, or even one cartel. They are the outcome of a global tug-of-war between producers, traders, and policymakers ...

Oil prices were little changed on Monday as investors assessed progress in negotiations to end the US government shutdown, while persistent concerns over abundant global crude supply kept gains in ...

Oil prices rose on Friday but remained on track for a second straight weekly loss after three consecutive sessions of declines, as concerns over excess supply and weakening US demand continued to ...

Oil prices rose slightly on Thursday, supported by easing concerns over a potential global supply glut, as the impact of sanctions on Russian energy companies began to emerge.   After ending ...

Oil prices recorded slight gains on Wednesday as investors continued to assess U.S. inventory data that pointed to stronger fuel demand, while weak economic indicators from major oil-importing ...

The latest shale oil and gas boom in the United States in the early 21st century had far-reaching geopolitical consequences. Without it, the United States would have become increasingly dependent on ...

Oil prices fell more than 1% on Tuesday, weighed down by OPEC+’s decision to halt production increases through the first quarter of next year, alongside weak manufacturing data and a stronger ...