The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues. Oil prices have fallen fast since the 3 March announcement ...

Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

In February, overall OPEC crude-oil production rose by 154,000 barrels a day to 26.86 million barrels a day. Iranian production rose by 34,000 barrels a day to 3.31 million barrels a day ...

(Bloomberg) -- OPEC+ crude production ... OPEC’s secretariat on Wednesday, preempting the group’s supply revival by two months. Last week, the coalition led by Saudi Arabia and Russia ...

WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

MOSCOW (Reuters) - Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday.