Despite being the world's second-biggest producer of soybean oil after China, the United States all but ceased to export the ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

State-run Oil India Limited (OIL) is targeting crude oil production of 4 million metric tonnes (MMT) for 2025-26, higher than the current financial year’s production target of 3.5 MMT, ...

The Permian Basin is set to boost U.S. oil and gas output in 2025, with oil production rising to 13.64 million barrels per ...

Ankara: Türkiye has significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan Bayraktar ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

2025 1 Investing.com -- U.S. crude oil futures move above post-settlement levels Tuesday despite the American Petroleum Institute reporting a larger-than-expected increase in weekly domestic crude ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

Crude oil prices began trade this week with a loss ... along with the expectation of higher OPEC+ production also noted by the ING analysts. “Nonetheless, with much of the bad news likely ...

The U.S. Supreme Court on Monday rejected a bid by Republican-led states to block lawsuits brought by Democratic-led states seeking to hold oil and gas companies accountable for climate change.

Trump has pledged to replenish the reserve as part of his broader plan to boost domestic oil production, and Wright said "ultimately that's what it was built for - to have the maximum security for ...