OilPrice.com

Oil and gas production in the United States has peaked and is already in decline.The latest data from the EIA’s Drilling Productivity Report sees widespread production declines across all major...

The largest banks in the United States are preparing to seize the assets of shale companies across the West Texas Permian Basin. What was once the epicenter of the U.S. shale revolution is now ground...

“The historic agreement that we saw…is only 10 mb/d. But that is only half of the story,” U.S. Secretary of Energy Dan Brouillette said on Fox Business. “When you add up all...

G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-producing countries into a global...

As prices crashed, the supermajors resorted to one of the last tools they have before starting to potentially consider the painful idea of cutting dividends, taking on more debtInternational oil...

The gas giant Gazprom (OTC:OGZPY) is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the OPEC+ agreement...

Oil prices spiked 25% on Thursday after President Donald Trump tweeted that Saudi Arabia and Russia would cut production by 10 million to 15 million barrels per day, but there are a variety of reasons...

The U.S. government is trying to convince Russia and Saudi Arabia to end the price war, but the Trump administration has few tools at its disposal. Saudi Arabia has already hired additional...

Plunging demand, surging supply, and strained storage capacity have put so much downward pressure on oil prices that producers are now considering shutting-in oil wells. The magnitude of these en mass...

The outlook for U.S. shale continues to darken with WTI testing sub-$20 territory. The supply glut could grow worse as the contraction in demand continues to deepen.On Sunday, President Trump extended...

The P5+1 agreement with Iran on Iran’s nuclear program has generated (sometimes fevered) anticipation of an Iranian oil bonanza at the end of the nuclear agreement rainbow, both in terms of the...

Oil prices have posted their strongest rally in years, jumping an astounding 27 percent in the last three trading days of August.While much of the recent price movement defies reason and is enormously...

As the price of natural gas continues to hover around its lows for the year, it looks like the economic principles of supply and demand are starting to take effect in the market.The U.S. EIA recently...

Bearish moods seemed to have permanently settled in energy markets. The first and most obvious victim of the nosediving oil prices has been natural gas.Once seen invincible, liquefied natural gas...

Perhaps the greatest nightmare for investors in a commodity stock is that the commodity in question goes the way of coal. After more than a century of dominance in the U.S. and abroad, coal appears to...

The news for the global coal industry has been painful of late. Coal prices have dramatically decreased nearly everywhere in the world amid considerable oversupply, inexpensive shale gas in the U.S.,...