Exxon, Chevron and Oil Glut
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The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil ...
The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
Saudi Arabia's crude oil exports and production surged in August, reaching a six-month high as OPEC+ increased output, but concerns about weakening global demand and reduced spare capacity loom.
The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...
1don MSN
Top 6 Oil-Producing States
Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.
Oil prices posted a sharp weekly decline ahead of Sunday's OPEC+ meeting. After major oil producers earlier this year decided to lift their output quotas, prices dropped to a four-year low, then ...
November WTI crude oil (CLX25) today is down -1.00 (-1.58%), and November RBOB gasoline (RBX25) is down -0.0224 (-1.15%). Crude oil and gasoline prices have fallen sharply for a second ...
Oil prices rose on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as ...
Angola will sign an exclusive agreement with Shell for the exploration and development of several offshore and ...
The Oregon average for a gallon of regular gas is back below $4 a gallon for the first time since early September, when the ...
Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it ...
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