News

The EIA expects production to average a little above 13.4 million barrels a day this year, and just under 13.4 million ...
The international benchmark Brent crude oil price is expected to fall to about $60 per barrel by the end of the year and ...
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per ...
M barrels. Crude inventory change: -3.644M barrels vs. -4.3M barrels for the week ended May 30. Consensus estimate -2.4M. Gasoline inventory change:  1.504M barrels vs. -5.2M barrels for the week ...
Crude prices skyrocketed overnight Thursday into Friday morning as Israel attacked Iranian nuclear and military facilities.
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ...
U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.
U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher, the ...