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Global rig count hits 20-year low, signaling tighter oil supply and possible price surge. Stocks like Diamondback, Coterra, EOG and Occidental poised to benefit from efficient, low-cost production ...
SINGAPORE, May 20 (Reuters) - Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has ...
Forecasters trimming expectations for U.S. shale output after prices fall US crude production could decline if prices in $50s, Conoco chief says Oil below $60 means lower investment, unmet power ...
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A memorandum of understanding has been signed with international oil firms and state-owned partners to extend two key offshore production licences until 2040, unlocking up to US$2billion in new ...
LONDON: Oil inched lower on Monday, weighed down by Moody's downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China's industrial output and retail sales.
1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.64 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 505.66 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.43 ...
CAPE TOWN (Reuters) - Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's deep-water Benguela Belize Lobito Tomboco (BBLT) oil platform ...
Nigeria may wait for the next five years for increased oil production despite the rollout of $22 billion worth of new oil and gas projects by major industry players, including Shell ...
BISMARCK, N.D. (KFYR) - Due to its shale composition and limited pore space, oil extraction is difficult in the Bakken. The North Dakota oil industry is rapidly researching and implementing ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. An oil tanker is moored at the Sheskharis complex ...