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U.S. crude oil inventories rose for the first time in six weeks as imports rose and exports dropped, according to data released by the U.S. Energy Information Administration. Gasoline inventories rose ...
UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% ...
Oil prices edged lower in early trade, as concerns over OPEC+’s production plans and unresolved trade tensions continued to cloud sentiment.
Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil ...
Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...
Top 10 Largest Crude Oil Producers in 2023 As we dive into the world of crude oil production, it’s essential to recognize the key players shaping this vital industry. Based on recent data, here’s a ...
The FCG ETF benefits from U.S. energy policy shifts favoring increased oil and gas production. Read more on how investors can ...
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your ...
It added that the daily average production in May was 1.657,435 barrels per day, comprising both crude oil (1,452,941 bopd) and condensate (204,493 bopd) ...
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Wildfire updates: Rain slows wildfires, some of Alberta oil output restored | Lac La Biche County issues mandatory evacuation order - MSN1:30 p.m. Alberta wildfire danger eases with rain as some oil output restored A second day of rain slowed the spread of wildfires in Alberta, allowing some oilsands production to be restored.
The daily chart for WTI crude oil shows a rebound from strong support near the $55 area. However, prices failed to break above the $66 level, indicating the market remains in a bearish trend.
In February 2025, Nigeria’s average daily crude oil production was 1.46 million barrels. This was a decrease from the 1.539 million bpd produced in January 2025.
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