News

U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
OilPrice.com59m
Oil Markets Await Clear Signals From OPEC+
Crude prices remain rangebound as traders await decisive signals from OPEC+ and policy shifts, despite bullish inventory data ...
Odessa American21h
OPEC-Plus spurs uncertainty with production increases
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oil Price Outlook Weakens on OPEC+ Hikes, Lingering Trade Concerns: Reuters Poll
Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with ...
Commodity Roundup: Natural gas gains on supply drop, oil holds steady before OPEC talks
Natural gas futures (NG1:COM) climbed to $3.40/MMBtu on Wednesday, the highest in a week, driven by declining production, ...
OPEC+ Prepares Third Dose of Oil Shock Therapy
Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.
OPEC must squeeze US shale much more to win oil price war
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
OilPrice.com21h
Is the U.S. Oil Industry Nearing a Tipping Point?
Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...