The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're prepared for ...
Global oil prices are projected to fall to a five-year-low in 2026 on growing supply and weaker demand, the World Bank Group said Wednesday in its Commodity Markets Outlook. The bank forecast Brent ...
Oil prices have dropped below the $60-$80 WTI range, with a 16.7% decline year-to-date, signaling sector weakness. EIA data projects a significant global oil supply glut in 2024-2025, with inventories ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
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Oil prices jumped this week — and now U.S. consumers may be the ones to feel the pain from Trump’s Russia sanctions
Oil prices this past week marked their biggest weekly gain since June, as new U.S. sanctions on Russia’s two largest crude producers triggered the rally — raising the potential for tighter global ...
Crude oil supply in the United States will likely plateau and even slightly decline if the price of oil remains in the low $60s or drops further, one top oil executive warned. For months, oil and gas ...
HOUSTON, Oct 22 (Reuters) - Dealmaking in the U.S. upstream oil and gas sector slumped nearly 30% during the third quarter as persistently low oil prices kept buyers on the sidelines, analytics firm ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits. By Rebecca F. Elliott Oil prices have fallen, climbed and fallen again over ...
When President Donald Trump took office, he promised to “unleash American energy” — and quickly left no doubt that he meant fossil fuel energy in particular. “We believe we are at a tipping point for ...
OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...
ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...
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