U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
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.
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude ...
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...
Russia’s proceeds from oil in the state budget in January were near a one-year low due to weaker global crude prices and ...
South African petrochemical firm Sasol forecast a fall of up to 36% in half-yearly earnings on Wednesday, mainly due to a ...
President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.
Senegal's Ministry of Energy, Petroleum and Mines announced on Thursday that crude oil production from the Sangomar field is expected to reach approximately 30.53 million barrels in 2025.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.