Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
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 ...
Not only that, but we are also likely to see little production growth in the US over at least the next three to five years. While these dynamics may not have dramatic implications for oil prices ...
U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...
However, commodity analysts at Standard Chartered have predicted that the dramatic slowdown in U.S. oil production growth that we witnessed in 2024 will continue over the next two years.
The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...
Year-over-year, US oil production rose 2.3 per cent in October, while West Texas Intermediate (WTI) crude futures prices averaged 16 per cent lower during the month, according to Reuters calculations.
Not only that, but we are also likely to see little production growth in the US over at least the next three to five years. While these dynamics may not have dramatic implications for oil prices ...
NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...
The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.