Crude oil trims gains as OPEC+ to keep current output plan, Mexico tariffs delayed
Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...
US oil production falls in November from record high in October, EIA says
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
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Crude producers diverting 500,000bpd meant for local refineries, PETROAN alleges
The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are diverting the daily 500,000 barrels of crude oil meant for local refineries.The association said ...
Top US Refiner Is Ready to Switch to Domestic Crude on Tariffs
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergState Farm Seeks Emergency ...
Iraq Says It’s Taking Steps to Resume Key Oil Export Pipeline
Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...
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OPEC Drops U.S. EIA as a Secondary Source Assessing Oil Production
OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
Canada's Imperial Oil quarterly profit falls on weaker crude prices
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...