Years of underinvestment in oil projects, limits to U.S. shale growth, and geopolitical risks mean markets could stay tight.
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EIA refines estimates for Permian tight oil, shale gas production
The EIA has added the Avalon, Barnett, Dean and Woodford to its estimates by formation of Permian tight oil and shale natural ...
The widely predicted 2026 oil glut isn’t showing up in the physical market. Geopolitical risk and supply friction are dominating instead of oversupply. Limited spare capacity, declining upstream ...
Oil prices continued to soar on Monday as the Iran war intensified, threatening production and shipping in the Middle East and straining energy supplies worldwide. The price of Brent crude, the ...
April WTI crude oil (CLJ26) today is up +0.54 (+0.81%), and April RBOB gasoline (RBJ26) is up +0.0161 (+0.72%). Crude oil and gasoline prices are moving higher today, with crude climbing to a ...
Brent crude (CL1:COM) could surge into the $100-$120 range if the current Middle East conflict extends beyond three weeks, according to J.P. Morgan Global Commodities Research. The warning comes as ...
15:45 ET – Brent crude futures, the global benchmark oil price, settled at $100.46 a barrel Thursday, continuing its sharp climb despite efforts to calm fuel markets, including the coordinated release ...
LAUNCESTON, Australia, Feb 26 (Reuters) - One of the least talked about dynamics of the global crude oil market is the role China plays in setting a floor and a ceiling for prices. The world's largest ...
Global crude oil prices have surged in recent days as the war in West Asia continues, raising concerns about the potential impact on major energy-importing economies such as India. Brent crude futures ...
March WTI crude oil (CLH26) on Wednesday closed up +0.67 (+1.05%), and March RBOB gasoline (RBH26) closed up +0.0197 (+1.01%). Crude oil and gasoline prices settled higher on Wednesday, with crude ...
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