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2 days ago · Dry natural gas production increased 4% in 2023 - logging a 58% rise since 2013 - and crude-oil production has grown 69% since 2013. Crude production is up 9% from 2022.
3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...
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 ...
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.
4 days ago · The western U.S. states of California and Washington will be importing 150,000 barrels per day of Canadian crude in June, for a seven-fold increase, while Iraqi crude exports to U.S. West...
4 days ago · OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.
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4 days ago · The U.S. exported 4 million barrels per day in 2023, making it the largest supplier of waterborne light sweet crude oil to the globe. With Permian production still growing, the influence of the U.S. on the global oil market is expected to grow. The WTI-Brent spread has become a key indicator for U.S. crude oil exporters and overseas buyers.
