U.S. oil prices have dropped more than 15% so far this year to levels that could threaten the ability of smaller producers to earn a profit. And that’s even before factoring in forecasts that could see the biggest global supply surplus on record next year.

Oil has been one of the worst-performing commodities throughout 2025, despite being subject to heightened volatility.

Petrobras raised its third-quarter dividend after record production and higher earnings offset lower global oil prices.

Brazil is planning to create a mechanism to use oil revenues to finance the nation’s energy transition, President Luiz Inácio Lula da Silva said, as the country juggles its green ambitions against its expanding production of fossil fuels.

A young Black girl learns that her land allotment is rich with oil in this story that aspires to teach us a lesson about white predation.

Federal and state regulators say Smitty’s Supply ignored pollution laws for years before an August explosion in Roseland spilled oil into the Tangipahoa River.

The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday. The lease sale in the U.

Investing in oil and gas is now more attractive from a tax perspective, as of 2025. The recent policy updates, including the OBBBA, create new opportunities to reduce taxes and grow your portfolio. As always, consult with a qualified tax advisor to make sure you’re making the most out of these changes for your situation.