Crude oil slips below 200-day moving average at $63.08, signaling a shift toward a bearish trend in oil futures. OPEC+ may approve a 137,000 bpd output hike this week, raising fears of an oversupplied ...

ExxonMobil generated an industry-leading $11.5 billion in cash during the second quarter. Chevron plans to pump out an additional $12.5 billion in free cash flow next year. ConocoPhillips expects its ...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said that there are no sanctions on the purchase of Russian crude oil, and the world will face serious consequences if the ...

The crude oil market continues to see buying pressure, as we are at the top of the range that we have been in for some time now. At this point, we need to see a bit of follow through to kick the next ...

Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to ...

Nigeria’s upstream oil sector is witnessing a dramatic turnaround, with crude oil losses from theft and metering issues dropping to their lowest levels in nearly 16 years. In July 2025, daily losses ...

The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...

U.S. crude oil inventories decreased more than expected last week as imports fell and exports rose, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

September WTI crude oil (CLU25) is down -0.71 (-1.11%), and September RBOB gasoline (RBU25) is down -0.0244 (-1.16%). Crude oil prices are on the defensive ahead of today's Trump-Putin summit, which ...

Canada’s major oil sands producers are boosting crude production even if they aren’t starting up new projects. The secret sauce appears to be reducing maintenance times and extending maintenance ...

Chevron expects to deliver an additional $12.5 billion in annual free cash flow starting next year. ConocoPhillips now expects to boost its annual free cash flow by $7 billion by 2029. The additional ...