Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...

The crude oil market has launched higher on Friday as the jobs number in the United States shows just how hot the US economy is running. At this point in time, the markets are pulling back a little ...

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The crude oil market was somewhat quiet on Thursday, as the Americans will not have been involved. With this, the market is ...

Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.

Texas saw mass crude oil production this past year, with new records being set in the last six of the past 12 months. In ...

U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...

Crude oil futures rose about $2 around midday Friday as the possibility of more U.S. sanctions against Russian petroleum products triggered global supply worries. Diesel contracts also jumped as below ...

Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel ...

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...

Brent crude futures gained $2.23 to $79.15 a barrel by 1130 GMT, while U.S. West Texas Intermediate crude futures advanced $2 ...

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the ...