Saudi exports are sliding toward historic lows, with pricing structure now becoming a bigger constraint than trade disruption itself. China’s expected June intake of Saudi crude is set to fall to ...

Matador Resources has acquired 5,154 net undeveloped acres in the Delaware Basin through a federal lease sale in a ...

Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin for $2.6 billion through a federal ...

President Lula is tying Brazil’s oil and rare-earth development directly to national sovereignty, arguing that the country must use its natural resources to drive domestic industrialization. Brazil is ...

The oil market is heading into what Fatih Birol calls the "red zone" this summer. Speaking Thursday at Chatham House in ...

Britain is tightening another screw on its oil and gas sector, this time by closing a tax structure that officials say allowed multinational energy firms to sharply reduce taxes on profits generated ...

U.S. commercial crude inventories have erased their entire 2026 build in just five weeks, with massive Strategic Petroleum Reserve releases masking what would otherwise be a far steeper supply ...

The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 ...

Japan's Middle East crude imports fell 67.2% in April to their lowest level since records began in 1979, as the Iran war shut ...

Saudi Arabia’s oil export value surged 37.4% in March to a 3.5-year high of $24.7B, even as volumes hit record lows, as $100+ oil and Yanbu rerouting offset Hormuz disruption.

Oil prices rose on Thursday as fresh signs of trouble in Iran peace talks as the parties hit a wall over enriched uranium.

China added an estimated 430,000 bpd to crude reserves in April even as imports hit a four-year low, with total stockpiles ...