1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.46 USD 1 Barrel ... global production can barely meet the high demand for crude oil from countries such as the USA, China or India.

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

Devon Energy has a premier multibasin U.S. onshore resource portfolio. The company produces oil and gas from the Rockies, Delaware Basin, Anadarko Basin, and Eagle Ford. That diversification helps ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...

Because of that, it can still make a lot of money drilling in the region at the current oil price point. The company's low-cost resources position it to produce a lot of cash even in the current ...