U.S. crude-oil production is likely to decline over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...

Korea imported Canadian crude oil for the first time since U.S. President Donald Trump returned to the White House in April, bringing in 548,000 barrels for a cost of $82.3 million.

Crude oil prices surged over 18% in June, driven by consistent demand and increasing geopolitical uncertainty, the analyst points out. Iran holds 3% of global oil supplies.

With crude oil prices dropping into the low $60s per barrel, profitability in the oil and gas industry is under pressure, squeezing cash flows and forcing companies to reassess their capital ...

US crude oil production in the week ending July 4 fell -0.4% w/w to 13.385 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

U.S. crude-oil production was at 13.44 million barrels per day for the week ended June 20, down from 13.57 million three months ago, according to the Energy Information Administration.

While the conflict has yet to hit Iran's crude oil production and export facilities, the heightened risks have seen Brent futures rise almost 6% since the close on June 12 to trade around $73.58 a ...

August WTI crude oil (CLQ25) on Tuesday closed down -0.46 (-0.69%), and August RBOB gasoline (RBQ25) closed up +0.0042 (+0.19%). Crude oil prices continued to show weakness on Tuesday after ...

Crude oil inventories in the United States fell by 5.8 million barrels during the week ending June 20, according to new data from the U.S. Energy Information Administration (EIA) released on ...

Futures Movers Oil prices jump despite OPEC+ announcing another sharp production hike Crude prices are expected to fall in the long term as Saudi Arabia and other big oil producers move to regain ...

Alan Brugler, A&N Economics, says bean oil got support from a nearly $5 rally in crude oil but was mostly a reaction to the EPA’s proposed Renewable Volume Obligations, which were especially ...

Mark Hulbert Mark Hulbert Why falling oil prices could actually drag the stock market down The S&P 500 does better when crude prices are higher By Mark Hulbert Last Updated: June 24, 2025 at 4:33 ...