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 ...
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.
US crude oil inventories for the week ended Jan. 24 increased by 3.5 million bbl from the previous week, according US EIA ...
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 ...