Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...
Oil stocks at Cushing, Okla., the Nymex delivery hub, increased by 326,000 barrels to to 21 million barrels. The EIA estimated U.S. crude oil production at 13.2 million barrels a day, down ...
The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.
Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...
Despite Trump's desire to increase drilling, US oil and gas companies are likely to prioritise shareholder returns and cut ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Oil prices were falling as traders assess the potential impact of U.S. trade tariffs on global growth and the stockpiles ...
according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 3.5 million barrels to 415.1 ...
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