One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
The US oil industry boom looks set to continue, as a majority of shale executives say they plan to increase their spending in ...
Friday closed up +2.65 (+3.58%), and February RBOB gasoline (RBG25) closed up +0.0466 (+2.30%). Crude and gasoline prices ...
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 ...
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 nexus.