One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...

This article explores the history of oil, from its ancient origins to its current dominance, and examines its profound impact ...

U.S. oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand ...

According to the Energy Information Agency, the US produced more oil than any other country in history for the sixth ... and Canada have kept production high. As a result, supply has remained ...

Fri, 03 Jan 2025 11:04:47 GMT US oil production is finally showing signs of peaking. Since early 2023, almost all production growth has resulted solely from productivity gains. The rig count ...

The president has issued two memoranda to withdraw significant portions of the OCS, marking the largest such withdrawal in US history ... around 14% of US oil production and 2% of natural gas ...

Located in the Alaminos Canyon region of the US Gulf near Shell’s Silvertip field, the Whale platform’s estimated peak ...

U.S. oil production rose 260,000 barrels per day month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic, data from the U.S. Energy ...