Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down ...

On Tuesday, Judge Donna Geck upheld an injunction against a restart of oil production locally despite an order from ...

The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide.

The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a move aimed at boosting domestic supply but fiercely opposed by Gov. Gavin Newsom over ...

The cuts signal a broader storage crisis that poses new risks to the global market.

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

Shell plc SHEL, a British multinational oil and gas company, headquartered in London, has temporarily halted operations at one of its oil processing units at the Shell Energy and Chemicals Park, ...

A ​drop in ⁠Iraq's oil production and exports is set to strain the country’s already fragile finances, as the state relies on ...

Archaeologists unearthed the Roman Empire’s second-largest olive oil processing complex in Tunisia. The find sheds light on the region’s central role in olive oil production and trade, and in turn the ...