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 ...
The U.S. Department of Energy's loans office said on Friday it has finalized a loan of $1.3 billion to ENTEK Lithium Separators to finance a plant in Indiana for making lithium-ion battery separators ...
The world’s largest international oil companies are raising their production, with the U.S. supermajors hitting record highs. On Sunday, OPEC+ announced it would delay the planned start to the ...
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.
The EIA acknowledged that the persistently positive adjustment implied that US oil production was being overstated. As a result, the EIA implemented transfers to crude oil supply and materially ...
Texas is the only state responsible for over 10% of U.S. oil production Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance ...
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 ...
As of Tuesday midday local time, Johan Sverdrup, with a capacity to pump 755,000 barrels of oil per day (bpd) at peak production levels, had restored output and reached two-thirds of capacity ...