Still, the EIA said it expects OPEC+ to keep production below the group's current target path. It forecast supply from the ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.

Proving again that sentiment-driven trading produces wild price swings, investors on Tuesday caused oil to skyrocket about 4 percent on signs of higher demand in Europe and China, less than a day ...