Fighting in Nigeria is causing major supply disruptions and rebalancing the global oil market.

The American oil industry is rife with bankruptcies as companies fall victim to bargain oil prices and rising debt.

Rosneft CEO Igor Sechin says that OPEC “has practically stopped existing as a united organization.” He’s not wrong.

What trimmed exploration budgets and Canadian wildfires are doing (and not doing) to the oil market.

OPEC members are coming to the painful realization that the cartel’s best days may be behind it.

Near-record OPEC production in April put a quick end to oil’s price rally.

Crude prices are on the rise, and many oil firms think they can start spending again once the market hits $50 per barrel.

Famed oil historian Daniel Yergin thinks “[t]he era of Opec as a decisive force in the world economy is over.”

The Saudi deputy crown prince told Bloomberg that he’ll only limit production if all other players do the same.

Russia’s largest state-owned oil firm reportedly intends to cut production ahead of the April 17th summit in Doha to map out a production freeze strategy.