4 days OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans 4 days OPEC+ To Increase Oil Production in May: Report Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com ...

U.S. Energy Secretary Chris Wright recently said that the shale industry in the country could keep pumping more oil even if the price of crude fell to $50 per barrel. M&A has helped to prepare oil ...

Oil prices slump as OPEC+ lifts output; tariffs lift recession fears By Investing.com - Apr 03, 2025 Investing.com--Crude oil prices fell sharply Thursday after a group of top producers agreed to ...

May WTI crude oil (CLK25) today is up +0.10 (+0.14%), and May RBOB gasoline (RBK25) is up +0.0148 (+0.65%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high ...

On Monday, US benchmark West Texas Intermediate settled 3.1% higher at $71.48 a barrel, while Brent crude oil futures gained 1.5% to end at $74.74 a barrel. Both grades extended gains on Tuesday ...

LAUNCESTON, Australia, March 11 (Reuters) - A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost cargoes to the world's top ...

LAUNCESTON, Australia, March 17 (Reuters) - China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak. It was the ...

The Energy Information Administration’s (EIA) Crude Oil Inventories report has revealed an increase in the number of barrels of commercial crude oil held by US firms. The actual figure reported ...

April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude oil and gasoline prices advanced Thursday after the US ramped up ...

Permian Resources: Headquartered in Midland, TX, PR holds approximately 180,000 net acres and produces around 150,000 barrels of oil equivalent per day, with more than half being crude oil.

A surprise decision by OPEC+ to boost oil output accelerated the decline. The market meltdown is reaching beyond stocks, as the latest batch of US tariffs pummels crude prices to a seven-month low.

Crude was hit by the escalating global trade war, plans by OPEC and its allies to increase production, and talks to end the three-year war in Ukraine. Global oil prices fell after weak economic ...