April 14, 2022
Via: Investing.comU.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts. Calls for new oil supplies are being answered by more producers as […]
March 13, 2018
Via: CNBCAmerican shale drillers will take aim at the seven million barrels-per-day mark next month, as U.S. oil production continues to hit new record highs. Output from the nation’s shale oil regions is poised to grow by 131,000 barrels a day […]
February 13, 2018
Via: USA TODAYOil just posted its worst week in more than two years — WTI lost 9.5% and Brent lost 8.5%. The last time the two oil benchmarks fell by that much in a single week was early 2016 when the oil […]
Energy, Finance Tech, Industries, Trading, Uncategorized
December 11, 2017
Via: Market WatchOil prices edged higher Monday as upbeat economic data helped to raise expectations for crude demand, offsetting some pressure from concerns over growing U.S. production. On the New York Mercantile Exchange, January West Texas Intermediate crude CLF8, +0.63% tacked on […]