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5 days ago · The two-week gains in crude oil prices represent a 7% increase for both Brent and WTI futures. The Brent futures expiring on 25 September jumped to as high as $86.24 per barrel, the highest seen ...
2 days ago · United States; US Election; ... and crude-oil production has grown 69% since 2013. Crude production is up 9% from 2022. ... Coal consumption dropped 17% to its lowest level in more than a century ...
3 days ago · Brent crude futures rose 24 cents, or 0.3%, to settle at $85.25 per barrel. ... Dollar hits 38-year high vs yen; US stocks rise. ... -The U.S. dollar on Wednesday hit its highest level against the ...
4 days ago · The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says. The oil market could see a supply crunch, Goldman Sachs said. Oil demand will rise for ...
3 days ago · With US crudes now in demand globally, the intersection between pipeline and seagoing markets at the US Gulf coast is central to global crude pricing. For more than two decades Argus WTI assessments at Midland and Houston have been the standard physical benchmarks for US crude, as well as the settlement indexes for a robust derivatives market.
4 days ago · The reason is that 2023 began with production around 12.5 million barrels per day (BPD). Production gradually rose during the year to a peak of 13.3 million BPD in the last two...
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4 days ago · After falling in 2020 in step with crude oil production, EIA projects that associated natural gas will return to 2019 levels in 2024 and then steadily increase at a modest rate through 2050, primarily driven by increased drilling in the Permian.
