One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output ...
Donald Trump’s gleeful “Drill, baby, drill” pledge chimes with the idea of weaponising America’s status as the world’s ...
While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...
Year-over-year, U.S. oil production rose 2.3% in October, while West Texas Intermediate crude futures prices CLc1 averaged 16% lower during the month, according to Reuters calculations.
The story of peak shale oil production in the US has been espoused by energy bulls for years. After endless calls for shale production to peak, it appears we may finally be approaching that ...
During the fiscal year 2023, the OCS produced around 675 million barrels of oil and 796 billion cubic feet of gas. This represents around 14% of US oil production and 2% of natural gas ...
Suncor, the Canadian oil and gas company, experienced increased upstream production and higher refinery throughput in the ...