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 ...
While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...
Friday closed up +2.65 (+3.58%), and February RBOB gasoline (RBG25) closed up +0.0466 (+2.30%). Crude and gasoline prices ...
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.
Critics dismiss Donald Trump's 'energy dominance' as unachievable, but though market forces largely drive drilling, his team ...
Donald Trump’s gleeful “Drill, baby, drill” pledge chimes with the idea of weaponising America’s status as the world’s ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday ...
The move is considered mostly symbolic, as it will not impact areas where oil and gas development is currently underway, and ...