The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Alex Prieto is supervising a crew that’s laying production pipe into a shuttered well, before they’ll pump cement and cap it ...

The landscape is dotted with oil pumps that rhythmically rise and fall ... Before the fracking boom, the US used to produce the heavy stuff, which its refineries were designed to process.

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

Oil companies expected a big business boom under Trump ... several thousand of them still reliably pump up light sweet crude oil and natural gas through the old iconic pumpjacks.

Alex Prieto is supervising a crew that's laying production pipe into a shuttered well, before they'll pump cement and cap ... despite promises of a new oil and gas boom on federal land.