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1 day ago · In 2022, the benchmark North American oil price, a crude blend known as West Texas Intermediate or WTI, was changing hands for more than $120 US per barrel at its peak. Last week, that same barrel ...
Mar 28, 2024 · Oil prices jumped more than $1 a barrel on Thursday, closing out the month higher on the prospect of OPEC+ staying the course on production cuts, ongoing attacks on Russia's energy infrastructure ...
Apr 9, 2024 · The price of a barrel of Brent crude oil, the international benchmark, has risen more than 20 percent since mid-December. It has jumped more than 10 percent over the past month alone, to around ...
1 day ago · Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors also focused on the U.S. presidential election.
Jan 4, 2022 · According to our December 2021 Short-Term Energy Outlook (STEO) estimates, U.S. crude oil production in 2021 decreased by 0.1 million barrels per day (b/d) from 2020 and by 1.1 million b/d from 2019. Cold weather in February and hurricanes in August contributed to this decrease, but it also was a result of the decline in investment among U.S. oil producers since mid-2020 .
Sep 30, 2022 · Prices in oil-rich Alberta are always lower than they are in the rest of the country, but pump prices in the province's two biggest cities jumped from below $1.50 a litre on Thursday to more than ...
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Apr 25, 2022 · Crude oil is down more than $20 a barrel, or a decline of almost 20%, from its March peak. But gas prices remain elevated, costing an average of $4.11 a gallon at stations across the U.S ...