U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.

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 ...

Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...

one could assume that US tariffs are the defining factor for the price change, nevertheless this week will not go down well in the history of oil markets. OPEC+ Rushes to Unwind Production Cuts.

NEW YORK (Reuters) -U.S. crude oil production fell by 305,000 barrels ... U.S., also posted its largest monthly output decline in a year. Crude oil output from the southwestern state fell 53,000 ...

Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to ...

distillate inventories were -6.0% below the 5-year seasonal average. US crude oil production in the week ending March 28 was unchanged w/w at 13.58 million bpd, modestly below the record high of ...

The Organisation of the Petroleum Exporting Countries and its allies’ (Opec+) producers have plans to increase the production ... we expect US oil demand to hold steady next year.

NEW YORK (Reuters) -U.S. crude oil production ... decline in a year. Crude oil output from the southwestern state fell 53,000 bpd to 2.06 million bpd in January, the lowest level since July 2024, EIA ...