Exxon Mobil and Chevron Corporation reported fourth-quarter results which beat the market’s expectations.
Alberta's oil curtailment program's initial success last January prompted the government to raise the production limits.
The plans of Mexico's new President Andres Manuel Lopez Obrador for state-owned oil and gas firm PEMEX may be overly ambitious but a sober budget helps...
Saudi Arabia’s energy minister explains what is next for the nation’s crude industry in the remaining months of 2018.
The country's energy industry needs help from its local producers to secure its commodities.
Experts believe this is the year the U.S. oil output will replace the record reached in 1970.
Hurricane Harvey drenched Texas in rain and destroyed properties and livelihood worth billions of dollars on its path.
The Organization of the Petroleum Exporting Countries decided to reduce the oil production to decrease the oil surplus.
The OPEC may have thought the cuts extension will bring oil prices up but they may not have expected the weight of American oil production output.