Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. By Rebecca F. Elliott U.S. oil companies ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

SINGAPORE (Reuters) - Offshore drillers globally are increasingly considering "warm stacking" their rigs to take them temporarily off the market, as they gear up for a slowdown in the hunt for oil ...

Despite widespread assumptions among oil traders and analysts, physical oil market data, particularly OECD crude oil inventories, does not currently support the narrative of an imminent massive oil ...

This story originally appeared on Inside Climate News and is part of the Climate Desk collaboration. “We will drill, baby, drill,” President Donald Trump declared at his inauguration on January 20.

Total U.S. rig count (oil and gas) increased by 5. Total U.S. oil rig count increased by 2. The horizontal rig count increased by 6. The oil rig count outside of the Permian stayed unchanged. The ...

October WTI crude oil (CLV25) on Friday closed down -0.89 (-1.40%), and October RBOB gasoline (RBV25) closed down -0.0407 (-2.02%). Crude oil and gasoline prices retreated on Friday as the dollar ...