News

Analysts anticipate a decline in U.S. oil output ... of global oil market trends. OPEC Plus recently decided to expedite the unwinding of production cuts, adding more crude to the supply.
Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...
OPEC+ members are discussing whether to agree on another large production increase at their meeting on June 1, Bloomberg News ...
OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts ... Exporting Countries (OPEC) trimmed its forecast for ...
Kazakhstan’s crude oil production rose slightly to 1.823 million barrels per day in April 2025, according to OPEC’s latest report. While output dipped compared to March, it remained above ...
Iran’s crude oil production declined ... according to the latest OPEC data. The figure marks a modest month-on-month decrease and continues a pattern of stable output levels seen in recent ...
It had a terrible April. OPEC Plus has agreed to increase supply. President Trump really wants the price of oil to come down. And we are seeing analysts that are emphasizing this. And Goldman ...
oil cartel OPEC said in its latest global outlook. India's oil demand is projected to rise from 5.55 million barrels a day in 2024 to 5.74 million bpd in 2025, up 3.39 per cent, helped by rising ...
Crews are being cut ... of this means the U.S. oil industry is in decline. But it does suggest the frantic growth of the last decade may be behind us. From here on, output could level off or ...
The OPEC+ group agreed a second monthly accelerated output increase for June at its last meeting. "Based on continued price weakness, we expect more activity cuts ... (OPEC) trimmed its forecast ...
Instead, Ricks said tax incentives and extending Trump’s 2017 tax cuts would help. “The announced tariffs currently in effect do not materially change Lilly’s 2025 financial outlook,” he said.