Houston's oil and gas sector is expected to shed thousands of jobs next year as falling crude prices slow drilling activity, ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...

This is certainly not favorable news for global oil producers. On the other hand, such low prices are likely to encourage ...

Oil prices climbed Wednesday after dropping to a five-month low last week. Oil prices on Wednesday scored their biggest one-day gain in a month, as traders weighed how the recent drop in prices could ...

Gas prices in the U.S. fell below $3 a gallon for the first time since May 2021, with record oil output keeping prices low ...

Gas prices have dropped below $3 a gallon to their lowest level in more than four years. The national average for regular ...

According to details, the oil industry has completed its working paper on proposed reductions in petroleum prices and has ...

Market insiders blame the government’s long delay in revising official prices, leaving retailers obligated to follow outdated rates ...

In addition to the financial results, Brimstone Investment Corporation said it is planning to sell some of its portion of ...