News

The U.S. Energy Information Administration's latest short term energy outlook sees U.S. crude oil production rising this year ...
U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly ...
Oil futures retreated after three straight sessions of gains, ending both the month and the quarter lower. WTI settled down 0.6% at $65.11.
U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according ...
Major Wall Street banks modestly lifted their oil-price forecasts after geopolitical risks flared in the Middle East, but ...
Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ ...
The recent oil price spike ended as routinely as it arrived after hostilities ceased in the Middle East. So, where next for oil prices as a potential supply glut looms?
Crude oil stocks, not including the SPR, stood at 415.1 million barrels on June 20, the EIA's latest weekly petroleum status ...
Oil prices jumped on Wednesday morning after the EIA confirmed a larger than expected draw in crude oil inventories along with significant draws in gasoline and distillate stocks ...
A blockade of the strait, through which one-fifth of global oil consumption passes, would have a catastrophic impact on the ...
American leader touts 'great honor to make this happen' as Beijing backs Tehran's commitment to safeguarding 'its sovereignty ...