By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, ...

Global oil consumption growth in the forecast continues to lag the pre-pandemic trend. Global consumption of liquid fuels is expected to increase by 1.3 million barrels per day in 2025 and 1.1 ...

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 ...

In 2024, the oil and gas markets were shaped by several significant trends including ... even think of increasing production.” After soaring to a 10 year high of US$9.25 in September of 2022 ...

While some of this lack of growth can be attributed to weak economic growth abroad, it’s clear the trend in exports is not signalling an increase in US production in 2024. As it stands, US oil ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Standard Chartered: the slowdown in U.S. oil production ... expects this trend to continue, with ...

While some of this lack of growth can be attributed to weak economic growth abroad, it’s clear the trend in exports is not signalling an increase in US production in 2024. As it stands, US oil ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces ... and still lower than pre-pandemic trends, the EIA said.

But the decoupling trend began around 1970 ... share of nuclear energy to reduce material consumption in the US and even dematerialize hydrogen production, a favorite of futurists and ...

(MENAFN- Khaleej Times) US oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic ...