Saudi Arabia is more likely to extend oil production cuts because of the recent price drop and we now think that oil production cuts will last until April 2025 instead of January, the investment ...

Friday November 29, 2024 - 'Speculation surrounding a potential surge in U.S. oil production - up three million barrels per day - has gained attention', a SEB analyst said.

Nigeria’s crude oil production experienced a slight decline in October 2024, dropping from 1.54 million barrels per day (bpd) to 1.53 million bpd. This is according to the latest monthly oil ...

Donald Trump’s Treasury Secretary pick, Scott Bessent, has a government deficit-reduction plan, neatly packaged as 3-3-3, which includes the U.S. producing an additional 3 million barrels of oil ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

The real-time price of Brent crude oil is at $72.16 per barrel, and the price of WTI crude oil is at $68.28 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

According to EIA, An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from EIA. Mike Aughenbaugh, Associate Target Market ...

In some cases, crude oil production can lead to a transportation network and retail system. Many of the largest oil companies like ExxonMobil are known as integrated oil producers since they have ...

HOUSTON, Nov 26 (Reuters) - Oil prices settled lower on Tuesday, extending the previous day's losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil's risk ...

They highlighted that crude oil production recently increased from 1.35 million barrels per day (mbpd) to 1.8 mbpd, while natural gas production rose from 5.5 billion standard cubic feet per day ...

Key Opec+ nations have begun discussions to delay the oil production restart planned for January, potentially for several months, delegates said. The nations doubt that they can go ahead with the ...

2-Year U.S. Treasury Note Continuous Contract $102.941-0.043-0.04% 5-Year U.S. Treasury Note Continuous Contract $107.367-0.094-0.09% 10-Year U.S. Treasury Note Continuous Contract $110.813-0.094 ...