Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

Consensus within the oil market has been robust US production growth set to continue for the foreseeable future. Of course, the IEA is the poster child of said consensus. The IEA is expecting ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.

(MENAFN- Khaleej Times) US oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic ...

Consensus within the oil market has been robust US production growth set to continue for the foreseeable future. Of course, the IEA is the poster child of said consensus. The IEA is expecting ...

Then there are the oil and gas themselves. Reports about depletion in the shale patch are beginning to emerge increasingly often. This does not mean that production is about to peak anytime soon ...

Consensus within the oil market has been robust US production growth set to continue for the foreseeable future. Of course, the IEA is the poster child of said consensus. The IEA is expecting ...