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US crude oil supply growth is projected to slow and peak as early as this year, with lower oil prices impacting shale ...
Oil fell by more than $1 a barrel on Monday to settle at over four-year lows as an OPEC+ decision to expedite its output ...
World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
Crude stocks were up by 4.3 million barrels in the week ended May 9, market sources said, citing American Petroleum Institute ...
Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall Street Journal. That's down about 3.76 a barrel from the March survey. Wall ...
"For the producers outside of the OPEC+ group, which is now nearly 60% of global oil supply, the market share gains may have reached a peak if these new barrels are fed into the market and prices ...