Search results
Apr 9, 2024 · In 2023, strong growth in crude output from the United States, the world’s largest oil producer, and other countries outside the Organization of Petroleum Exporting Countries helped reassure...
Sep 28, 2023 · Total U.S. rig count is now down 18% from a year ago at a time when crude oil prices are near 10-month highs. During previous oil market booms, oil companies prioritized production growth at all...
Jan 4, 2023 · High crude oil prices led to lower U.S. gasoline demand as gasoline prices rose. Meanwhile, severe COVID-19 containment measures in China contributed to lower global petroleum demand. On December 8, the price of Brent crude oil reached the lowest 2022 price, at $75/b.
Oct 6, 2023 · The price of crude oil has been on a roller coaster for the past two years, and surged this summer to hit $94 on Sept. 27, its highest level of the year. That raised worries that prices...
Feb 28, 2024 · U.S. oil futures ended lower Wednesday for the first time in three sessions, pressured by government data showing a fifth consecutive weekly climb in domestic commercial-crude inventories....
Feb 2, 2022 · Feb. 2, 2022. HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in...
Aug 10, 2022 · Aug 10 (Reuters) - U.S. crude stocks rose in the most recent week while U.S. production hit its highest level since April 2020, a signal that high prices are driving further output in the...
