the Nymex delivery hub, increased by 872,000 barrels to 21.8 million barrels. The EIA estimated U.S. crude oil production at ...
Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight ...
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...
According to the STEO, the EIA sees the Brent spot price averaging $74.50 per barrel this year and $66.46 per barrel next ...
China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...
Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.
Brent futures were down 77 cents or 1 per cent at $76.23 a barrel by 1230 GMT, while US West Texas Intermediate (WTI) crude ...
The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...
Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...
OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day.
We recently published a list of 12 Best Infrastructure Stocks to Buy According to Hedge Funds. In this article, we are going ...
Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.2 million barrels for the week ending ...