Oil & Gas Industry News

The oil market 'remains firmly in wait and see mode', according to SEB Commodities Analyst Ole R. Hvalbye.

Banks said the rally reflects risk premiums rather than tight physical supply.

The U.S. Supreme Court agreed to hear an appeal by Exxon Mobil Corp. and Suncor Energy Inc. in an industry bid to stop dozens of city and state lawsuits that blame oil companies for climate change.

North America added two rigs week on week, according to Baker Hughes' latest North America rotary rig count.

'The stick is now the same size for everyone', Rystad Chief Economist Claudio Galimberti warned.

YPF SA is setting aside funds to keep spending in the fast-growing Vaca Muerta basin even if oil prices fall this year.

Geopolitical tensions and falling inventories supported crude.

The cost to hire oil supertankers could be headed for the highest levels this decade.

BOEM has announced a proposed notice of sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act.

Morningstar Equity Director Joshua Aguilar reveals what the company is predicting.