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Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...
The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...
CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...
One chart shows why US gas prices could spike under Trump's tariff plans.
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Oil prices inched up on Friday but were still on track to record a third consecutive weekly loss, as prospects of a renewed ...
The average price Sunday in Michigan was still 3 cents more than the same time last month, and 12 cents more than a year ago.
President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.