Rosneft-controlled Novokuibyshevsk oil refinery in Russia's Volga region halted primary crude processing on Sunday following a drone attack, the second in a month, two industry sources told Reuters on ...

Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ ...

The US produced a record-high 13.6 million barrels per day of crude oil in July as global stockpiles rose and onshore rig ...

China’s higher refinery processing rates have sharply reduced crude oil available for storage, shrinking its average surplus ...

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks.

Liberty Energy (LBRT) faces short-term earnings pressure amid rising debt. Learn why analysts recommend holding for now and ...

The company anticipates higher oil and gas production but warned that earnings in its integrated liquefied natural gas ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The group said after a virtual meeting on Sunday that it will raise oil production by 137,000 barrels per day in November, the same amount it announced for October. The group has been raising output ...

In a bid to stabilize struggling crude-oil refineries, state lawmakers on Saturday passed a last-minute bill that would allow the construction of 2,000 new oil wells annually in the San Joaquin Valley ...

An update from PrairieSky Royalty ( ($TSE:PSK) ) is now available. PrairieSky Royalty Ltd. reported an 11% increase in oil royalty production in ...