If anyone is still wondering whether the Trump Administration’s goal of $50 per barrel oil price would hurt American drillers, the answer came this week from oil tycoon and wildcatter Harold Hamm, who ...
Global upstream oil investment is set to fall for a second straight year in 2026. Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
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EIA: Low oil prices will weigh down production
Continued weakened oil prices are expected to weigh on U.S. production in 2026, according to the Energy Information Administration’s January Short-Term Energy Outlook. EIA analysts forecast West Texas ...
This article focuses on Kolibri Global Energy Inc. (KGEI) and follows up on our previous article from September 7, 2025, in which we highlighted the company's resilience in the face of challenging oil ...
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
A lone pumpjack operates in a snowy field after a winter storm blew through the Permian Basin Thursday morning, February 3, 2022, in Midland. (Odessa American/Eli Hartman) Depressed oil prices will ...
Diamondback Energy is the largest Permian Basin pure play, recently doubling output via the Endeavor Energy merger. FANG guides for flat CapEx and increased 2025 production but maintains only a 50% ...
The energy industry has a couple of serious problems these days with continuing sub-par oil prices and underground produced water storage formations reaching capacity. Odessa oilman Kirk Edwards and ...
Low oil prices could persist into 2027 as global production continues to outpace demand, according to the latest Short-Term Energy Outlook from the US Energy Information Administration (EIA). The ...
PARIS, Feb 11 (Reuters) - TotalEnergies (TTEF.PA), opens new tab will halve share buybacks in the first quarter but is committed to growing its oil and gas reserves, it said on Wednesday, as low oil ...
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