America's oil magnates are prepared for prices to be lower next year, as supply on Texas' Permian Basin ramps up to account for 40% of U.S. oil production in the near future.

Activity in the oil and gas sector declined slightly in the third quarter of 2025, according to executives at exploration and production firms headquartered in Texas, northern Louisiana, and southern ...

(The Center Square) – The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information ...

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.

The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the ...

U.S. oil production is setting new records, but the rate of growth is slowing down for the first time in 20 years without an external crisis, driven by internal factors. The slowdown is attributed to ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

With the BP share price refusing to crack while oil weakens, Andrew Mackie believes this signals that the smart money is ...

Bulletin: ...FROST ADVISORY REMAINS IN EFFECT UNTIL 9 AM EDT THIS MORNING... * WHAT...Temperatures as low as 35 will result in frost formation. * WHERE...Berks ...