News

Oil prices extended losses in evening trade as traders digest the latest U.S. inventory data and a report that President Trump is likely to fire Fed Chair Jerome Powell.
U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.
As part of efforts to improve the country’s daily production of hydrocarbon potential, crude oil producers operating in Nigeria have invested a total sum of $8bn in providing rig infrastructure, the ...
U.S. April oil production increased by 18 kb/d to 13,468 kb/d, a new high. The largest increase came from Texas, offset by a ...
The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this ...
The US House on Thursday narrowly passed the “One Big Beautiful Act”, a sweeping legislative package from Republicans that, among many other things, aims to ramp up oil and gas lease sales in ...
Oil and gas producers can accelerate their efforts to make the United States energy independent thanks to streamlined federal oil and gas leasing rules on public lands.
All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs PSM, which provides updated information up to February 2025.
The U.S. Energy Information Administration reported on Wednesday that the total crude oil production in the United States increased slightly in February, as Texas and New Mexico, two of its top ...
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a ...
The Permian Basin is set to boost U.S. oil and gas output in 2025, with oil production rising to 13.64 million barrels per day.
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy that’s continuing to chug along.