Oil Drops as OPEC Floods Market
Oil snapped a three-day winning streak as a worsening market outlook undercut concerns about potential geopolitical disruptions to…
USA Hits New Crude Oil Production Record
The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information…
OPEC In Process of Retaking Market Share
OPEC+ is in the process of retaking market share, Ole R. Hvalbye, Commodities Analyst at Skandinaviska Enskilda Banken…
USA EIA Sees Production Outpacing Demand in 2025 and 2026
The U.S. Energy Information Administration (EIA) projected that world petroleum and other liquid fuels production will come in…
More Tariffs Loom as US Probes Wind Turbine Imports
The Trump administration has launched an investigation into imported wind turbines and parts, a potential precursor to adding…
USA EIA Increases 2025 USA Oil Production Forecast
The U.S. Energy Information Administration (EIA) increased its U.S. crude oil production forecast for 2025 in its latest…