No Data
USA's oil & gas production is showing a stable trend and is expected to continue the current trend in the future.
Since mid-2022, due to the sharp drop in oil prices, drilling rigs and completion personnel have been idle for a long time. Now, the production of oil & gas in the USA is finally showing signs of stability.
Crude Oil Extends Recovery, WTI Tests $75.50
WTI continues to recover ground as rate cut hopes bolster appetite.
Oil Extends Advance on Technical Support After OPEC+ Selloff
Oil clawed back some losses for a second session with technical support after OPEC+’s plan to return barrels to the market sparked a selloff at the start of the week.
Crude Oil Attempts to Shrug off Supplies Buildup, WTI Claws Back to $74
Crude Oil markets are struggling to recover from sharp declines.
Crude Oil Extends Declines as Markets Balk at OPEC+ Plans to End Production Cuts
WTI falls below $74.00 per barrel on increased oversupply concerns.
A major signal of Russia's production cut? Crude oil exports hit the lowest level since mid-February.
In the past month, Russia's daily crude oil export shipment volume has decreased by approximately 400,000 barrels.