June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...

WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

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 ...

Oil prices are customarily quoted in dollars (USD) around the world, not only in the US or when referring to US crude oil. See the historical price charts and analysis below. Tip: Click the ‘Advanced’ ...

US oil production continues to show signs of stagnant growth With sentiment and positioning at all-time bearish levels, oil prices are poised for a significant short-squeeze to the upside.

Amid feedstock challenges, the Dangote Group, owners of the Dangote Petroleum Refinery, will commence crude oil production in the first quarter of next year. A senior official of the $20bn Lekki ...

According to recent data from the U.S. Energy Information Administration (EIA), crude oil production in the United States set an all-time record in August of this year, rising to a historic ...

The U.S. expects crude production to grow by just 320,000 ... The trajectory of U.S. oil production has become a key factor for market participants gauging balances for next year, particularly ...

If crude inventories are seeing persistent draws, US oil production has been flat for 12 months and OPEC+ exports have now started to actually fall, why have oil prices been so weak? The answer to ...

Oil prices settle slightly higher on unexpected draw in US crude inventories By Investing.com - 7 hours ago Investing.com -- Oil prices settled slightly higher on Thursday following data showing U.S.