U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

(Bloomberg) -- Slowing US oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp. New terminal construction ...

US crude oil production in the week ending January 31 rose +1.8% w/w to 13.478 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported ...

The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.

Opec+, which is wary of oil blowing past US$90 per barrel, had been hoping that it could unwind its production cuts as early as the second quarter as global demand recovered. However ...

OPEC members have held back output in the past two years to increase market prices amid oil’s price slide, but is expected to gradually roll back production curbs. Whatever OPEC does ...

(Bloomberg) — Slowing US oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp. New terminal construction, a sure bet ...