Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has fallen to ...

3 days Trump Sees U.S. Oil Firms Operating in Venezuela Within 18 Months 3 days U.S. Embargo Halts Venezuela Oil Shipments to Key Asian Buyers Irina is a writer for Oilprice.com with over a decade of ...

Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...

Global oil prices are projected to fall to a five-year-low in 2026 on growing supply and weaker demand, the World Bank Group said Wednesday in its Commodity Markets Outlook. The bank forecast Brent ...

Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...