Annual US Crude Production Sets New Record in 2024, But Growth Pace Slows: EIA
The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in…
Oil Prices Are Likely To Rise Anytime Soon
Rising supply from both OPEC+ and non-OPEC+ producers, slowing demand growth after the peak summer consumption, and uncertainties…
Geopolitical risks, Fed optimism lift oil to modest weekly rise
Oil prices posted modest weekly gains by Friday as strong US economic growth and expectations of a Federal…
Gulf Countries Respond to U.S. Trade Pressure With Trillion Dollar Plans
Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and…
Oil prices fall on demand concerns, but headed for weekly gain
By Yuka Obayashi TOKYO (Reuters) -Oil prices fell on Friday but are set for a weekly gain, caught…
Oil ticks lower as end of driving season looms, Druzhba restarts
By Shariq Khan and Alex Lawler NEW YORK/LONDON (Reuters) -Oil prices edged lower on Thursday, pressured by expectations…
Brent Near Month High Before Pullback
Energy trading activity remains seasonally thin in the ongoing summer season, with traders turning their focus towards broader…
WTI Crude Oil Rises to $77.85: Supply Outlook Supports Prices | Market Update – News and Statistics
Aug 27, 2025 Crude oil futures advanced on the New York Mercantile Exchange Wednesday, with West Texas Intermediate…
Oil steadies as investors eye Ukraine war, tariffs on India
By Alex Lawler Oil steadies as investors eye Ukraine war, tariffs on India LONDON -Oil prices steadied on…
Brent crude dips on peace efforts,US-India tariff tensions
Oil prices were under pressure early Wednesday due to diplomatic efforts toward peace in the Russia-Ukraine war and…
The Coming Collapse: What Economists Miss About Oil And The Global Economy
The supply and demand model of economists suggests that oil prices might rise to consistently high levels, but…
Saudi, Argentina, and China Push to Tap Giant Shale Reserves
Over the past decade, the United States has become the world’s biggest crude oil producer and the top…