U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on ...

Oil prices retreat in early trade following reports of a large U.S. crude stockpiles build. Brent crude is down 1% to $76.24 a barrel, while WTI falls 1.1% to $72.50 a barrel. U.S. crude oil ...

Faleke put the cost of producing crude oil per barrel at $9 in Saudi Arabia, $21 in Norway, and $24 in the United States of America. He added that the rise in production costs was hurting the ...

Crude oil prices fell to their lowest level since 31 December 2024 amid the escalating US-China trade war. Investors are increasingly concerned about a slowdown in global economic growth and ...

Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil production. Crude on Thursday initially moved higher after the US ...

US crude oil production in the week ending January 31 rose +1.8% w/w to 13.478 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported ...

Domestic petroleum revenue fell 62.63 percent in the second half of 2024, with receipts totalling US$517million, down from ...

(Bloomberg) -- Slowing US oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp. New terminal construction ...

US oil tariffs enacted by the Trump administration on Canada and Mexico would lead to a ‘significant shift in crude flows in ... forecast moderate US Lower 48 production growth in the years ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on the ...

In addition, the EIA’s weekly inventory report was fairly bearish with a large increase in crude oil stocks over the last week. EIA data showed that commercial US crude oil inventories increased ...