U.S. crude oil production hit a record 13.6 million barrels per day (b/d) in 2025, rising 3 per cent as oil prices strengthened, signalling a more robust global outlook for the oil and gas industry. [Read more]
This article was published by The Conversation on March 17, 2026. By Philippe Le Billon War is costly. The ongoing American-Israeli war on Iran is already reverberating through the global economy. For most people, including American citizens, [Read more]
This article was published by The Energy Mix on Jan. 5, 2026. By Mitchell Beer Donald Trump’s weekend raid on Venezuela has analysts debating how quickly the country can restore some of its past oil [Read more]
This article was published by the International Energy Agency on Oct. 17, 2025. By Toril Bosoni, Head of Oil Industry and Markets Division Oil surplus hits the water The global oil market may be at [Read more]
This article was published by the US Energy Information Administration on May 22, 2025. By Alexander de Keyserling The retail price for regular-grade gasoline in the United States on May 19, the Monday before Memorial [Read more]
This article was published by the US Energy Information Administration on March 21, 2024. By Jeff Barron and Sean Hill We increased our forecast prices for crude oil and petroleum products for the remainder of [Read more]
This article was published by the US Energy Information Administration on Jan. 17, 2024. By Kevin Hack In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of [Read more]
This article was published by the US Energy Information Administration on August 23, 2023. By Matthew French In our August Short-Term Energy Outlook (STEO), we increased our forecast for U.S. crude oil production in the Lower 48 [Read more]
This article was published by the US Energy Information Administration on April 19, 2022. By Ornella Kaze In our Summer Fuels Outlook, a supplement to our April 2022 Short-Term Energy Outlook, we expect retail gasoline prices to [Read more]
By Hannah Bruel This article was published by the US Energy Information Administration on Mar. 16, 2020. Markets for oil, as well as other commodities and equities, have experienced significant volatility and price declines since [Read more]
By Owen Comstock This article was published by the US Energy Information Administration on Sept. 25, 2019. As of Monday, September 23, 2019, the US average retail gasoline price increased by more than 10 cents [Read more]
By Mason Hamilton, Jeff Barron, Jesse Barnett This article was published by the US Energy Information Administration on Sept. 23, 2019. On Saturday, September 14, 2019, an attack damaged the Saudi Aramco Abqaiq oil processing [Read more]
An extension to the Sunrise Pipeline adding 120,000 b/d of capacity and the repurposing of the Seminole Red Pipeline from natural gas to oil has helped boost Permian oil prices in recent months. Apache photo. [Read more]
Hedge funds continued to boost their bullish position in crude and fuels last week despite a call from U.S. President Donald Trump for OPEC to “relax and take it easy”. Anadarko photo by Mike Goldwater. [Read more]
NOPEC bills were introduced into the House of Representatives (HR 948) and the Senate (S 370) early last month, where they were referred to the respective judiciary committees for detailed consideration. Bloomberg photo. NOPEC bills [Read more]
The US Energy Information Administration forecasts that despite recent supply reductions, global liquid fuels production to outpace demand. Repsol photo. Saudi Arabia, Libya, Venezuela and Canada cut pack on liquid fuels production By Matthew French [Read more]
After a tumultuous trading day on Monday, oil prices steadied on Tuesday after OPEC sources said the cartel is likely to carry on with its supply cut agreement despite a tweet from US President Donald [Read more]
Saudi Arabai has demonstrated, once again, that it can always tighten the physical market, boost prices and push the calendar spread into backwardation – if it is prepared to cut its own production enough. Reuters [Read more]
Average US gasoline prices declined for 12 weeks in a row at the end of 2018, which marked the longest consecutive weekly drop since the 17-week decline from October 2014 through January 2015. Shell photo. [Read more] [Read more]
Overall OPEC production fell in December according to a survey by Reuters, mostly due to a 400,000 barrel per day cut made by Saudi Arabia. Iran and Libya posted involuntary production declines. Reuters file photo [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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