Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
Oil traders have closely watched U.S. crude production to see whether output gains from U.S. shale formations will surpass the 1.8 million bpd cuts. The February contract for light sweet crude ...
NEW YORK (Reuters) - Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a ...
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...
Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, writing: On January 20, 2025, U.S. energy policy did an about-face. Under the ...
If oil in the shale patch is getting lighter, and gas as a portion of the total hydrocarbon output is increasing, there would indeed be challenges in further strong U.S. oil growth. This would ...
US oil output has grown rapidly last year as drilling operations became more efficient in the country, even as concerns of oversupply have weighed heavily on prices for the commodity amid weaker ...
HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...