Anyone walking into the West Kern Oil Museum in Taft can get an eyeful of the people and activities that helped shape the ...

versus expectations for a 1.9 million-barrel draw, while distillate stocks also dropped by more than expected. “This week, the oil build was smaller than expected and petrol and diesel draws were ...

March 12 (Reuters) - Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY Energy Services, said on Wednesday. U.S. crude ...

Along with natural gas output, the institute’s report addressed oil production. Overall, the state witnessed a record-breaking 2023. ODNR numbers place production at nearly 30 million barrels.

Stimulus Plans Raise Stakes in US Trade Warabout 18 hours ago Crude Inventories Rise By 1.4 Million Barrels; WTI Oil Tests Session Highs1 day ago U.S. CPI Moderates in February, Inflation Eases to ...

settled at $69.46 a barrel on ICE Futures Europe, up 16 cents, or 0.2%. -- Back on Nymex, April gasoline RBJ25 fell 1.7% to $2.1012 a gallon, while April heating oil HOJ25 shed 0.8% to finish at $ ...

Saudi and Kuwaiti data includes the Neutral Zone. Venezuelan data includes upgraded synthetic oil. Nigerian crude output includes the Agbami and Egina streams and excludes Akpo condensate.

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...

Previously the company had pledged to reduce output to 2m barrels of oil per day, but on Wednesday said it would target up to 2.5m barrels per day this decade – with an option to go higher by 2035.

BP will aim to produce up to 2.5m oil barrels per day - Stuart Conway The chief executive of BP has admitted the company “went too far, too fast” in its shift to net zero, adding a decision to ...