US Crude Oil Production Falls 6% In January: EIA
The sharp decrease in crude oil output can be attributed to severe weather conditions, particularly freezing temperatures, which swept across…
The sharp decrease in crude oil output can be attributed to severe weather conditions, particularly freezing temperatures, which swept across…
Disruptions in Red Sea shipping routes and ongoing OPEC+ supply cuts are driving tightening conditions in oil markets, leading to…
Saudi Arabia, the world’s top oil exporter, has opted to keep the price of its flagship Arab Light crude unchanged…
U.S. crude oil production reached a new milestone in November, escalating by 0.6% to a record-breaking 13.31 million barrels per…
The EIA predicts a surge in U.S. crude production, reaching a record 13.21 million barrels per day (bpd) in the…
China’s oil trade with Iran faces a setback as Tehran withholds shipments and seeks elevated prices, impacting the world’s leading…
Oil prices retreated on Tuesday, erasing gains from the previous sessions, as investors exercised caution ahead of the crucial OPEC+…
In a significant move, Qatar Energy has raised the price for term cargoes of al-Shaheen crude oil scheduled for November,…
The vessel, known as Haiyang Shiyou 122, is also Asia’s first cylindrical FPSO, integrating the tasks of producing crude oil,…
SPR crude oil inventory remains at a level that is over 40 years low, at 348.4 million barrels, according to…
West Texas Intermediate crude (WTI) dropped 23 cents, or 0.3%, to $84.17 after reaching a high point not seen since…
The Druzhba pipeline, which links Russia to Europe, was shut down temporarily after a leak was discovered in central Poland…