News

Chevron says offshore well start-up caused Mars crude quality issues
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
Old video report misleadingly used to claim Ethiopian oil supplied to market
Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...
Crude oil edges higher as EIA trims its 2025 U.S. oil production forecast
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Midland Reporter-Telegram on MSN8h
Martin, Midland counties lead Texas oil production in April, report shows
The Railroad Commission has issued its monthly production statistics, detailing crude oil and natural gas production for April. Production came from 159,160 oil wells and 82,673 gas wells, according ...
ET EnergyWorld2d
India’s crude oil production falls to 28.7 MMT in FY25, self-sufficiency at 12.3%
India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...
IEA Doubts Russia Can Sustain Oil Capacity as Exports Stay Low
Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...
Oil & Gas Journal1d
Mixed signals for crude prices
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
EIA expects no further increase in US crude oil production – Commerzbank
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...