At 414.4 million bbl, US crude oil inventories are 4% below the 5-year average for this time of year, the US Energy ...

The fim's WTI forecast assumes further normalization of global production, shipping, inventories, and geopolitical risk.

Citgo’s three US refineries averaged 904,000 b/d of crude throughput in third-quarter 2026, setting quarterly records for ...

The US Energy Information Administration expects Brent to average $97/bbl in 2026 as Middle East disruptions constrain supply ...

Executives are now eyeing a July start and expect to export up to 20 cargoes from the complex during next year’s third quarter.

Arena estimates Project Elkhorn will produce an additional 125 million bbl of oil and 250 bcf of natural gas over its lifetime.

Murphy Oil Corp. has signed four production sharing contracts covering the Elombo, Etinde Exploration, Ntem, and Tilapia blocks offshore Cameroon, which cover about 2.6 million acres.

Upon completion of the deal, Chevron will remain operator of the block with 55% interest.

The election results now have the market more optimistic about some form of settlement as the Democratic victories were, in ...

The proposed expansion would involve the addition of a new 300-MMcfd gas processing plant that, if approved, would enter service in second-half 2028.

US President Donald Trump said further near-term strikes on Iran were unlikely, easing immediate concerns about supply ...

JPMorgan said the global oil market returned to surplus in September as Middle East exports recovered and demand softened, ...