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 ...

Oil prices steady at $72.08 as traders await EIA data. Rising U.S. crude inventories add bearish pressure while supply risks ...

The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...

Canadian oil and gas producer Cenovus Energy posted a fall in fourth-quarter profit on Thursday, as lower commodity prices ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...

Back in January, despite strong rise, crude oil has seen limited upside and fully reversed the path. This is partly due to ...

“This is a new day for American energy, and we applaud President Trump for moving swiftly to chart ... more crude oil than any country, ever, according to the EIA. Last year’s production ...

The start of the week saw oil prices rise as supply constraints from Russia and Iran fueled bullish sentiment, but large ...

The daily chart of NYMEX WTI crude oil futures ... and Iran have pushed oil prices higher. The most recent EIA data on U.S. crude oil production reported 13.477 million barrels of daily output.

California drivers are seeing an increase in fuel expenses. The price of a gallon of regular gas rose 41 cents from one month ...