US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time in three ...
Saudi Strategic Shift Raises Specter Of Another Oil Bust
Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...
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Oil expert issues major prediction on price of oil in 2025 as OPEC ‘fights back’ against American production
An oil and gas expert has given his prediction to GB News on the price of oil going into 2025 as the Organisation of the ...
About 24% of oil production shut in US Gulf of Mexico due to Hurricane Helene
About 24% of crude oil production and 18% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane ...
Oil prices surge as Iran missile attack prompts supply fears
Oil prices surged on Tuesday after Iran fired a barrage of missiles at Israel, inching the Middle East closer to a full-scale ...
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
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Here’s how much US oil majors paid foreign governments in 2023 for extraction
The four largest producers in the US by revenue sent nearly US$50 billion combined to foreign governments in the form of ...
Texas oil and gas production statistics for July 2024
Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for July 2024 came from 158,063 oil wells and 83,833 gas wells, a press release detailed. The ...
Oil prices spike as the world awaits Israeli response to Iranian missile attack
There were no reports of attacks on oil production or export facilities, but experts say expanding hostilities in the region ...
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Newsom signs bills cracking down on pollution from oil, gas production near communities
The bills signed by Gov. Gavin Newsom may lead to a ban on oil and gas production in Los Angeles, particularly at the ...
Oil falls more than 2% on report Saudi Arabia vows to bring barrels back even if prices fall
Crude dropped more than 2% on reports that Saudi Arabia is ready to let more barrels flow into the market even if prices fall ...
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...