News

Crude oil edges higher as EIA trims its 2025 U.S. oil production forecast
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Chevron says offshore well start-up caused Mars crude quality issues
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
EIA expects no further increase in US crude oil production – Commerzbank
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Oil & Gas Journal1d
Mixed signals for crude prices
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
IEA Doubts Russia Can Sustain Oil Capacity as Exports Stay Low
Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...
Crude Futures Post Back-to-Back Weekly Gains
Oil futures posted gains for a second straight week as the market shrugged off higher OPEC+ production plans, a second large weekly build in U.S. crude oil stocks and the return of U.S. tariff wars to ...
ET EnergyWorld3d
India’s crude oil production falls to 28.7 MMT in FY25, self-sufficiency at 12.3%
India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...