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VIENNA, 27th August, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$59.18 a barrel on Monday, 26th August, compared with $59.67 the previous Friday, according to OPEC ...
In the US, it added, upstream E&P liquids investment in 2024 is estimated to have dropped by 8%, y-o-y, to about $125 bn. It is expected to drop further by around 9% and 7%, y-o-y, in 2025 and 2026, ...
The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the oil producer to ...
Kazakhstan is on track to surpass its oil production target for 2025 thanks to a Chevron-led expansion at the Tengiz field, ...
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Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.
Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...
Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...
Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, ...
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
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