The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can ...

Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing ...

The US Energy Information Administration (EIA) raised its estimates for OPEC crude oil production capacity in its December Short-Term Energy Outlook, ...

February WTI crude oil (CLG26) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26) closed up +0.16 (+0.09 ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a ...

Despite declining prices, strategic stockpiling by China along with OPEC+ production cuts are expected to limit the extent of ...

Global oil inventories are expected to rise through 2026, putting downward pressure on prices. China’s stockpiling has helped limit price declines, even as global supply increases. US crude oil ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S.

November WTI crude oil (CLX25) today is up +1.19 (+1.88%), and November RBOB gasoline (RBX25) is up +0.0186 (+0.96%). Crude oil and gasoline prices are climbing for the second day today, with crude ...

Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the ...

The U.S. Energy Information Administration increased its estimates for U.S. crude oil production both this year and next after output exceeded 13.6 million barrels a day in July, a monthly record.