ConocoPhillips Chairman Ryan Lance expects the oil price floor to rise to around US$70 per barrel. He also projects West ...
Global diesel supplies could remain tight through the first half of 2027 as production disruptions in the Middle East and ...
Global oil prices are back above $100 per barrel as fighting in the Middle East raises concerns about prolonged disruptions to oil supply. Brent crude, the global oil benchmark, rose 3.36% Wednesday ...
The United States set a new global record for crude oil output in 2025, extending its position at the top of the world rankings for the eighth straight year. Crude oil production in the United States, ...
Since the start of the war in the Middle East, upward adjustments have added 940,000 barrels per day to quotas, nearly 1% of global demand. The OPEC+ alliance, led by Saudi Arabia and Russia, has ...
The world's largest oil exporter says global inventories are thin enough that restoring them would take a year and a half, even under the best-case scenario. That's the number carriers budgeting fuel ...
Oil prices surged Thursday, with Brent crude hitting $108 per barrel for the first time since May, as traders brace for a more prolonged supply shock caused by the Iran war. Oil prices have climbed ...
In its latest short term energy outlook (STEO), which was released on August 11 and completed its forecast on August 6, the U.S. Energy Information Administration (EIA) projected that annual U.S. oil ...