The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...

One of the big concerns facing the oil market revolves around the ability of Gulf oil producers to restore oil supply once ...

It could take at least seven months for the world’s oil production to recover once the Strait of Hormuz reopens, market ...

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to ...

The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect ...

Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are ...

The United States produces almost as much oil as Russia and Saudi Arabia combined when measuring the combination of crude oil and natural gas liquids such as butane, ethane and propane — a common way ...

Another report shows a consistent pattern: as record oil production occurs in the Permian Basin and other key oil fields in ...

The United Arab Emirates - a leading producer of crude oil - has decided to quit the Organization of Petroleum Exporting ...

Iran has likely cut its oil production by about 400,000 barrels a day, U.S. Energy Secretary Chris Wright said. “They’ll ...

International companies are flocking back to Venezuela, with deals worth billions getting closed under U.S. management of the ...

Norwegian oil firm DNO restarts operations in Iraqi Kurdistan following a suspension caused by the 2026 Iran conflict, ...