EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
U.S. Crude Oil Stockpiles Extend Decline to Nine Weeks
U.S. crude oil inventories fell for a ninth consecutive week, reaching their lowest level in almost three years, while gasoline stocks continued to build, according to data released Thursday by the ...
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Chevron sees 1 million barrels per day from one of the world’s biggest oil fields in this OPEC+ state
U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest. Meanwhile, an Exxon executive downplayed hopes ...
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China Nears Record Oil Production with Boost in Local Output
Currently, China produces around 4.3 million barrels of oil per ... reshaped China’s domestic oil landscape. Also read VIDEO: Plane Returns to Rome After Engine Fire Caused by Possible Bird ...