US oil companies are boosting their budgets, and production forecasts indicate new record highs in output next year.
US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global demand outlook falters.
US and global oil prices surged on Friday following a week-long slump, as the Financial Times reported top producer Saudi Arabia is considering prolonging its production cuts into 2024. West Texas ...
Oil prices are almost on the verge of hitting a level of mid-70s from their high peak of $90 about three months ago. It is now time for the oil organization ...
In a strategic move, the U.S. plans to purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve. This decision, aiming to leverage lower prices, follows the previous year’s ...
Cargo-tracking data from Kpler and Vortexa has suggested U.S. crude oil exports hit a record last week, and WTI at $70 makes ...
C rude oil prices have gone through dramatic swings in recent months due to demand worry and strong dollar. What is the long term outlook for oil? Below is our conversation with Bruce Liegel, a macro ...
In the latest trading session on Tuesday, oil prices experienced an upward surge, bolstered by comments from the Saudi Energy ...
Global oil prices fell by nearly 5% Thursday, continuing a nearly two month decline amid rising U.S. oil supply and sluggish Chinese refinery output. U.S. West Texas Intermediate crude (WTI ...
Saudi Arabia is cutting prices on its flagship Arab Light crude headed to Asia, Bloomberg reported. That's as US crude ...
U.S. Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States on Saturday ...
An envelope. It indicates the ability to send an email. An curved arrow pointing right. US and global oil prices surged on Friday following a week-long slump, as the Financial Times reported top ...
