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World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada.

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 ...

Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

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 ...

State-owned Oil and Natural Gas Corporation (ONGC) last month signed a technical service contract with BP to reverse ...

DAKAR, Feb. 6 (Xinhua) -- Senegal's Ministry of Energy, Petroleum and Mines announced on Thursday that crude oil production from the Sangomar field is expected to reach approximately 30.53 million ...

US crude oil production in the week ending January 24 fell -1.8% w/w to 13.24 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported ...

According to the analysts, the U.S. imported ~ 6.6 million barrels per day (mb/d) of crude oil in the first 10 months ... strength before the review of the US-Mexico-Canada trade agreement ...

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 ...

The EIA said it now expects U.S. crude oil production to average 13.59 million barrels per day (bpd) in 2025, up from its ...