U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a ...

Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

A drop caused by policy changes in the United States ... “We believe we are at a tipping point for U.S. oil production at current commodity prices.” OPEC’s contribution to falling oil ...

OPEC+ announced a surprise collective output increase of 411,000 bpd, triggering a wave of oil ... and production growth through oil prices lower than the breakevens for new shale wells. OPEC ...

Changes in inventories reflect fluctuating ... When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect.

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

Changes in inventories reflect fluctuating ... When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect.

LONDON/MOSCOW, May 4 (Reuters) - OPEC+ will accelerate oil ... up here. OPEC's de facto leader Saudi Arabia designed the move to punish Iraq and Kazakhstan for poor compliance with production ...