Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

Oil prices initially fell due to oversupply concerns but quickly reversed course and surged higher on reports of new risks to Russian output. The price rebound for WTI and Brent crude was attributed ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Saudi Energy Minister Abdulaziz bin Salman Al Saud delivers a ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

ExxonMobil Corporation's record upstream production in Q2 2025 was overshadowed by unfavorable oil prices. But this strong XOM volume capacity sets up significant upside potential if oil pricing ...