WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

CNOOC reported an 11.4% increase in net profit for 2024, driven by record oil and gas production, which compensated for lower ...

Canadian oil producers selling crude to U.S. refiners are enjoying a significant windfall, and they have one man to thank: ...

WTI declines as markets evaluate the impact of US President Donald Trump's auto tariffs.

U.S. crude oil imports increased but exports decreased during the week ending March 21, the U.S. Energy Information Administration (EIA) said Wednesday.

Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

NEW YORK (Reuters) -U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasoline and ...

Oil supplies fell by 3.3 million barrels to 433.6 million in the week ended March 21, below analysts expectations that ...

Guyana has rapidly transitioned into the world's newest petro-state, driven by significant offshore oil discoveries and ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...