An effort led by the Organization of the Petroleum Exporting Countries(OPEC) to cut oil production in order to end global oversupply is being undermined by rising drilling in the United States.

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March WTI crude oil (CLH26) on Friday closed up +1.71 (+2.88%), and March RBOB gasoline (RBH26) closed up +0.0307 (+1.67%).

March WTI crude oil (CLH26) today is up +1.61 (+2.71%), and March RBOB gasoline (RBH26) is up +0.0314 (+1.71%). Crude oil and ...

February WTI crude oil (CLG26 ) on Tuesday closed up +0.90 (+1.51%), and February RBOB gasoline (RBG26 ) closed up +0.0386 ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted ...

Oil prices rose as a potential U.S. strike on Iran loomed, but sank on Thursday after Trump hinted that one was not planned.

Venezuelan oil reserves are vast but underinvested, and their heavy, sour crude is challenging to refine, limiting near-term ...

Global oil demand is expected to keep climbing into 2027, according to OPEC’s first outlook for the year, signaling a more resilient energy market than many analysts had forecast, The Wall Street ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

This critical review discuss the history of the Organization of Petroleum Exporting Countries (OPEC) through the lens of national resource sovereignty and its place in the evolving global economic ...

Oil prices barely budged after the U.S. ousted Venezuela’s Nicolás Maduro and President Trump pledged billions to revive the country’s oil infrastructure. WSJ’s David Uberti breaks down the market ...