News

U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while ...
US crude oil production in the week ending February 21 was unchanged w/w at 13.502 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes ...
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 ...
U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...
(US oil production in recent years has been remarkably prolific. According to the Energy Information Administration (EIA), the United States produced more crude oil than any other country between ...
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production ... decision to hike production knee-capped crude prices, investors ...
Distillate fuel production increased, averaging 4.7 million b/d. US crude oil imports averaged 6.0 million b/d, down by 189,000 b/d from the previous week. Over the last 4 weeks, crude oil imports ...
OPEC Feb crude production rose +320,000 bpd to a 14-month high of 27.35 million bpd. In a supportive factor for crude oil prices, the US on January 10 imposed new sanctions on Russia's oil ...
OPEC Feb crude production rose +320,000 bpd to a 14-month high of 27.35 million bpd. In a supportive factor for crude oil prices, the US on January 10 imposed new sanctions on Russia's oil ...
If EIA forecasts of a record-high annual U.S. crude oil production of 12.6 million bpd in 2023 pan out, the US net crude imports would drop to 3.4 million bpd next year, the administration said.