As the United States reflects on more than 250 years of history, one East Texas town stands out for the role it played in ...

American oil production has reached historic highs, with crude output hitting 13.6 million barrels per day.

It’s boom time in the U.S. oil patch, but storm clouds are gathering. Oil companies are planning to slash payroll — as production surges, demand stagnates and storage tanks around the world fill up.

Analysts at Barclays raised their medium-term oil price forecasts and upgraded Occidental Petroleum to Overweight, arguing that tightening global supply conditions and muted U.S. shale growth are ...

Offshore oil projects are experiencing a resurgence due to higher prices, leading to a boom in the floating rig business. The World Bank predicts a historic oil glut due to factors like rising ...

(Bloomberg) -- Kamala Harris touted the record US oil boom during her time as vice president in Tuesday’s debate with Donald Trump, signaling a pragmatic approach on energy and climate policy pitched ...

HOBBS, N.M.—Chip Low’s drive through one of the richest corners of America’s hottest oil field takes him past all the telltale signs of an economic boom. His mind is on the next bust—and whether it ...

People in Guyana are voting for a president and members of parliament who will be watching over billions in oil revenue, offshore production with a United States-led international consortium, and ...

The White House says the United States is producing more oil than ever before, even outpacing Saudi Arabia and Russia combined. Yet drivers are still paying elevated prices at the pump. That ...