Browsing: Market News

Oil prices have been on the mend this week after taking a dive following President Trump’s global tariff offensive launch.…

The idea of peak oil is familiar to most readers.It refers to the point at which global petroleum production reaches…

U.S. crude oil production is set to peak at around 14 million barrels per day (bpd) in 2027, according to…

By Julianne Geiger – Apr 16, 2025, 9:38 AM CDT Crude oil inventories in the United States saw an increase…

The eight OPEC+ countries that have been cutting oil production will have to compensate 4.57 million barrels per day (bpd)…

Brent crude has slipped below $65 per barrel. WTI is trading barely above $60. Neither Trump nor China are backing…

Global oil demand is expected to grow by just 730,000 barrels per day (bpd) this year amid escalating trade tensions,…

Crude oil is set to end another week with substantial losses as markets reel from President Trump’s tariff offensive, despite…

By Julianne Geiger – Apr 11, 2025, 12:12 PM CDT The total number of active drilling rigs for oil and…

Just ahead of the production increase beginning in April, the OPEC+ group boosted its oil production to an eight-month high…