U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. New Mexico’s December production dropped by 53 kb/d to 2,060 kb/d. Louisiana’s output ...

WTI Crude Oil (CL) hits the resistance of $72.50 and corrects lower. Natural Gas (NG) remains bullish within the ascending channel. US Dollar Index (DXY) remains within the bearish pressure and ...

WTI crude oil (CL) price decline reflects growing concerns over rising Russian supply. Traders expect increased Russian oil exports if a partial ceasefire leads to eased sanctions. This ...

Oil prices seem to have sharply dropped with the announcement of tariffs. In the current report we are to discuss the conditions characterising the US oil market currently, as well as factors ...

Oil prices seem to have corrected a bit higher over the past two days and today we are to discuss the main issues that seem to be tantalising oil traders currently and conclude the report with a ...

A weaker dollar index and a slight decline in the long-term bond prices were competing bullish and bearish factors for ...

What a world we live in. When Chris Wright, former CEO of Liberty Energy, became the US Secretary of Energy nominee, the entire energy sector cheered. Finally, someone with actual oil & gas ...

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 424.41 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.37 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.36 ...

Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...

Goldman Sachs forecast that Brent and WTI crude prices would be at $62 a barrel and $58 by December 2025 and at $55 and $51 ...

OPEC+ is going full throttle with reversing the production cuts with output set to rise by more than expected in May, “in view of the continuing healthy market fundamentals and the positive ...