U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. All 12 OPEC members produced 26.75 million barrels per day. The five OPEC members that have pledged cuts in ...