News

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
Oil prices rose on Wednesday on signs of weakening production in the U.S. and higher demand in Europe and China as buyers ...
Crude prices fell sharply on Monday, the first trading day after the wider Opec+ producer group announced it would unwind ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in ...
Gold’s 2025 outperformance versus crude oil may signal deflation, potentially reinforced by grain prices. Without a Corn Belt ...
U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...
The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...
Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...