The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...
But could Trump's alignment with Israel and intention to throttle the Islamic Republic's exports of 1.7 million barrels of ...
Palm oil tracks price movements of rival edible oils as it competes for a share in the global vegetable oils market. Chicago ...
In numbers, OPEC expects the global oil consumption to increase by 1.8 mbpd in 2024 – just under 2%. And it’s more optimistic than many bank forecasts, Aramco’s own forecasts and roughly the double of ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.