Energy flows intelligence firm Kpler forecasts that US crude oil supply growth will slow for the rest of 2025 and into 2026, and peak as early as this year. Kpler attributes this revised forecast ...

Nigeria’s government has set a new, significantly higher, production target for the national oil company, aiming for 2.5 million barrels daily by the end of this year. “When the new NNPC ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. By Rebecca F. Elliott Oil prices resumed their slide after the OPEC Plus cartel of ...

Oil prices dropped 2% on Monday to their lowest level since February 2021. The decline was sparked by OPEC's plans to increase oil supply by 411,000 barrels per day in June. Americans can expect ...

Olive oil is incredibly versatile. Whether you’re making spaghetti aglio e olio or baked salmon, olive oil brings a dish together with a drizzle and can elevate even the simplest meal ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

For countries that depend heavily on oil revenue, dropping prices are worrisome. By Neil MacFarquhar Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in ...

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. West Texas Intermediate ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 447.06 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.45 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.38 ...

WTI oil pulled back as traders remained worried about the negative impact of trade wars. If WTI oil settles back below the support at $57.50 – $58.00, it will head towards the next support level ...

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term. Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of ...