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The nearly 40 million Americans expected to hit the roads this Memorial Day weekend will have something to make them smile while sitting in traffic: cheap gas prices. The national average price of a ...
Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
The past few months have ushered in enormous changes for the energy industry, from the resurgence of the Organization of the Petroleum Exporting Countries, or OPEC, to a sudden slowdown in U.S.
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...
Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear deal with Iran—a move that could increase global crude supply. West Texas ...
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...
Oil stocks have made many millionaires, but this highly cyclical industry is not without risks. Learn how to invest your money in the best oil companies.
With the market beset by OPEC’s supply increase and the economic uncertainty caused by the Trump administration’s trade war, U.S. oil production could actually decline in 2026, the first such drop ...