US oil refiners are ramping up fuel production to help fill supply gaps for gasoline, diesel and jet fuel as the Iran war ...
The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the US/Iranian war. December’s world oil output W/O the US decreased by 59 kb/d to ...
US has total oil products production equal to Saudi Arabia and Russia combined. The US exported over 5 million barrels of oil per day last week, a record high, amid the Iran War. In aggregate, the US ...
The United States is currently pumping more crude oil than any country in human history, yet American drivers are still facing a $4.39 national average at the pump. This paradox has left many ...
3 days Iran Lays Out Sweeping Demands as U.S. Weighs Military Strike Pause 3 days Iran’s Floating Oil Stockpile Jumps 65% as U.S. Naval Blockade Bites Julianne Geiger is a veteran editor, writer and ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543 ...
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It could take at least seven months for the world’s oil production to recover once the Strait of Hormuz reopens, market analysts warn — meaning that higher fuel prices will likely last through the ...
Oil is once again making headlines. This week, the United Arab Emirates (UAE) made the shock decision to leave the Organisation of the Petroleum Exporting Countries (OPEC). OPEC is network of ...
On a call with investors last week, Chevron CEO Mike Wirth summed up his plans for oil production in four words: "Steady as she goes." But some of the world's biggest oil companies, in their quarterly ...