Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

India has emerged as the leading source of growth in global oil consumption, the US Energy Information Administration said on ...

Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S.

The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...

This growth is below the pre-pandemic 10-year average of 1.5 million b/d of annual growth ... s military response did not target Iran’s oil infrastructure. Despite the drop in oil prices in late ...

The U.S. Energy Information Administration announced on Wednesday that both U.S. oil production and global oil output are expected to reach record highs in this year, slightly higher than previous ...

U.S. Energy Information Administration. "Low Liquidity and Limited Available Storage Pushed WTI Crude Oil Futures Prices ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

There is a recent media narrative that the second Trump administration will lead to a surge in U.S. oil production'.

as higher production helped offset lower prices. Shares were up 1.6% after the bell. Data from the U.S. Energy Information ...

Analysts predict Trump's re-election may favour oil companies through deregulation, but escalating tensions with Iran could ...

Phillips 66 stopped its petroleum refining operations at a facility in February, though that isn’t reflected in annual data ...