(Reuters) – U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information Administration said in a monthly report on Continue Reading
In 2006, following 35 years of declining U.S. oil production, net monthly imports of crude oil and finished products had climbed to more than 13 million barrels per day (BPD). Continue Reading
NEW YORK (Reuters) – Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about dangerous levels of a poisonous chemical in the cargoes, according to Continue Reading
OPEC and its allies look set to keep their deal on cutting oil supplies for the rest of 2018, five sources familiar with the issue said, although some producers are Continue Reading
Steel tariffs and the pace at which U.S. oil production is accelerating could act as a short-term throttle to momentum, the International Energy Agency said. The United States is on Continue Reading
U.S. crude inventories were forecast to have risen for the fourth time in five weeks, while refined product stockpiles likely fell last week, a preliminary Reuters poll showed on Monday. Continue Reading
President calls for levies on $50 billion of Chinese imports Dow drops more than 700 points, biggest plunge in six weeks President Donald Trump took the biggest economic gamble of Continue Reading
The global oil market is close to regaining stability, Saudi Arabia’s Crown Prince Mohammed said at a meeting with President Trump at the White House ahead of bilateral talks on Continue Reading
Iraq’s oil production rose slightly in February, mostly due to increases at the country’s two most prolific fields, Rumaila and Zubair. Fields in federal Iraq and the autonomous Kurdistan region Continue Reading
With gas prices about 10 percent higher than they were at this point last year, the situation may be near the point of U.S. economic strain, an analysis found. Motor Continue Reading
