Oil Volatility Returns, Pushing Gasoline Prices Higher
Crude oil prices rose for the first weekly increase on Friday, while gasoline prices also mirrored its move upwards. The possibility ...
Tag: Oil Production
Nigeria Drops to Africa’s 4th Largest Oil Producer, OPEC Reports
Abuja, Nigeria — Nigeria is facing a record reduction in oil production, oil cartel OPEC reports, dropping from the first ...
State Department adviser expects gas prices to fall to $4 a gallon
Amos Hochstein, a senior state department adviser for energy security, said on Sunday that he expects gas prices in the ...
EIA Warns Of Substantial Fall In Russian Oil Production
Russia’s crude oil output could decline by 18 percent by the end of next year, the U.S. Energy Information Administration ...
Why Russia Will Struggle To Meet Its Production Cut Quota
The effect of oil well shut-ins on future production has become one of the main topics of discussion in the ...
OPEC’s No.2 Fails To Reach Oil Output Quota
OPEC’s second-largest producer, Iraq, is one of the OPEC+ members struggling to boost its oil production as much as its ...
OPEC+ Considers Production Increase At March Meeting
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources told Reuters on ...
U.S. Oil Production Fell To 11 Million Bpd In December
U.S. crude oil production fell in December to an average 11.063 million barrels per day, according to the Energy Information ...
OPEC Sees No ‘Immediate Solution’ To High Oil Prices
A lack of investment in oil supply in recent years is limiting the ability of oil-producing countries to boost production ...
OPEC Compliance With Output Cuts Was Only 74% In May
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a difference ...
