Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US ...

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.

Oil prices rose on Wednesday morning after the EIA reported a smaller than expected increase in crude oil inventories ...

Meanwhile, Occidental has run four pilot tests in the Midland basin using carbon dioxide for enhanced recovery. The early ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

Distillate fuel inventories grew by 0.1 million barrels from the previous week. Crude oil imports averaged 6.3 million bpd, declining by 606,000 bpd from the previous week. Over the past four ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...

A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week ...

Baghdad (IraqiNews.com) – Iraq exported over 103 million barrels of oil in January 2025, up from 101.02 million barrels in December 2024, according to data released by the State Organization for ...

Crude oil stocks, not including the SPR, stood at 432.5 million barrels on February 14, according to the EIA. Image by mouu007 via iStock U.S. commercial crude oil inventories, excluding those in ...