If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...
Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...
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WTI crude oil remains under pressure, while natural gas bounces off strong support and shows signs of a potential recovery.
Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.
Once again, the U.S. ran the largest deficit with China, with the gap in goods totaling $295 billion in 2024. (Full-year statistics for services are not unavailable yet.) ...
Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of ...
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
WTI crude is under bearish pressure within the triangle pattern, while natural gas prices have rebounded from the key level ...
By Peter Egwuatu At the backdrop of sharp rises in cost of procuring products and interest rates in banks petroleum marketers ...
At the backdrop of sharp rises in cost of procuring products and interest rates in banks petroleum marketers have recorded ...