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Jan 4, 2024 · In the US, weekly crude production hit a record 13.3 million barrels a day last month, as drillers from the Permian Basin in West Texas to the Bakken Shale of North Dakota ramped up oil production ...
Aug 7, 2022 · The bank previously expected $140 for Brent in the third quarter, but now sees $110. It said it remains bullish, however, as stockpiles continue to decline and prices haven’t yet reached a level ...
Apr 8, 2015 · May 1, 2017 at 11:32 AM PDT. Oil is so much more than a fuel. It’s a force even bigger than its trillion-dollar market. It’s a weapon, a strategic asset, a curse. It’s a maker and spoiler of ...
May 7, 2023 · Both fuels outperformed crude, while refining margins have started to rebound from recent lows. WTI for June delivery rose $1.82 to settle at $73.16 a barrel in New York. Brent for July settlement ...
Aug 31, 2023 · Updated on. September 1, 2023 at 12:20 PM PDT. Listen. 2:35. Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new ...
Oct 12, 2022 · Canadian Cold Lake crude on the Gulf Coast traded at a record discount to WTI of $23 a barrel early on Wednesday before strengthening in the afternoon to $20.25 a barrel. The discount reached $25 ...
Dec 22, 2021 · Prices. West Texas Intermediate for February delivery rose $1.03 to settle at $73.79 a barrel in New York. Brent for February settlement climbed $1.56 to $76.85 a barrel. Exxon Mobil has ...
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