U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.

But if US oil production is peaking on net ... cuts come December (with OPEC+ recently delaying this from October). Current fundamentals are also far from bullish. While crude inventories are ...

While US domestic oil production reached a world record 4.7 billion barrels of oil in 2024, Canada is still a major source of ...

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week ...

Shell's global energy forecast for 2025 shows robust global demand for oil, natural gas, and LNG for decades to come.

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

U.S. President Donald Trump earlier on Tuesday doubled the planned tariffs on Canadian steel and aluminum imports to 50%, to ...

On the other hand, Ng said Trump has a strong track record of supporting US oil production ... in crude oil stood at RM35.3bil. “At the current juncture, the prevailing crude oil prices have ...