News

Crude oil production on federal lands set a record last year, topping all but two states. The Energy Information ...
U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in ...
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecast in its July short term ...
September WTI crude oil (CLU25) on Monday closed up +1.55 (+2.38%), and September RBOB gasoline (RBU25) closed up +0.0388 (+1 ...
Crude oil prices edged higher Tuesday, as the oil market's response to OPEC+'s larger than expected production increase remains muted, with traders saying physical markets remain tight due to seasonal ...
EIA expect crude oil production growth of 0.1 million b/d in 2025 from OPEC+, compared with a decrease of 1.4 million b/d in 2024, before increasing by 0.6 million b/d in 2026.
The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.
US crude inventories fell 3.9 million barrels last week, but conflicting data and builds in gasoline and distillates left ...
However, production has been steadily rising over the last five years due to the startup of shale oil and gas production in the Vaca Muerta basin. For February, the EIA reported Argentina’s ...
Oil rose for the first time in five sessions with help from expectations of the U.S. reaching a trade deal with the EU, while ...
Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on ...