A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. U.S. shale producers are using new technologies to extract more oil from existing wells, even ...

Oil and Gas Development Company Limited (OGDC), the operator of the Nashpa Exploration Licence, on Tuesday announced another oil and gas discovery at its exploratory well Baragzai X-01 (Slant), ...

Oil has long been the backbone of Venezuela’s economy. The bulk of Venezuela’s oil lies in the Orinoco Oil Belt, a vast geological formation stretching across eastern Venezuela. At current prices of ...

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how they're measured, and why they matter.

February WTI crude oil (CLG26) today is up +0.23 (+0.40%), and February RBOB gasoline (RBG26) is up +0.0126 (+0.73%). Crude oil prices added to Monday's sharp gains today as global geopolitical risks ...

Argentina's crude oil output reached a historic 859,500 b/d in October 2025, primarily fueled by shale development in Neuquén, surpassing the previous record set in 1998. Operational efficiencies and ...

LAUNCESTON, Australia, Dec 16 (Reuters) - China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports overwhelmed steady refinery processing ...

Crude oil is flashing a strong long-term buy signal based on extreme money manager short positioning. Historical patterns show that high short-to-long ratios in oil futures reliably precede extended ...

LAUNCESTON, Australia, Nov 11 (Reuters) - The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a move to build market share amid ...