Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape ...

U.S. December oil production decreased by 133 kb/d to 13,655 kb/d and is down by 209 kb/d from October. The largest decreases came from the Big 3, TX, NM and ND. According to the EIA, New Mexico’s ...

The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the US/Iranian war. December’s world oil output W/O the US decreased by 59 kb/d to ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

Saudi Aramco has begun reducing oil production at two of its fields as the disruption around the Strait of Hormuz starts to choke off crude exports across the Gulf, according to sources cited by ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. MUSCAT, OMAN - MARCH 22: People celebrate Eid and watch oil tankers sail into Muscat ...

March 13 (Reuters) - Top oil exporter Saudi Arabia has cut oil production by some 2 million barrels per day to around 8 million bpd after reducing output from two major offshore fields amid the Iran ...

OSLO, March 18 (Reuters) - Saudi Arabia's crude oil loadings at its Yanbu port on ‌the Red Sea are set to surge to a record 3.8 million barrels per day (bpd) in March, shipping data showed on ...