An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from the U.S. Energy Information Administration Petroleum Supply Monthly. SourceContinue Reading

President-elect Trump’s pro-energy agenda includes fast-tracking permits for stalled LNG projects, reversing Biden-era regulatory pauses and increasing leases on federal land for gas production. This could strengthen the sentiment around global LNG supply after years of uncertainty. SourceContinue Reading

Russia overnight launched 188 drones and four cruise missiles at targets in Ukraine — a record number of projectiles in a single attack, Kyiv’s air force said, as NATO and Ukrainian envoys prepared to gather in Brussels to assess Moscow’s launching last week of an experimental missile at a Ukrainian city. Ukrainian air-defense systems “tracked...Continue Reading

U.S. Oil Output Hits Record High in August | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Nov 26, 2024, 11:30 AM CST The United States set a new crude oil production...Continue Reading

Does China Have the Upper Hand in Energy Deals With Russia? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Nov 26, 2024, 11:00 AM CST China...Continue Reading

Turkey Seeks U.S. Waiver to Continue Paying for Its Russian Energy Imports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 26, 2024, 10:30 AM CST Turkey is seeking a U.S. sanctions waiver to continue using a now-sanctioned Russian bank for paying for its energy...Continue Reading

The OPEC+ Meeting Is Looming Large Over Oil Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Nov 26, 2024, 10:00 AM CST Oil markets are fully focused on this Sunday’s OPEC+ meeting after top officials from the three biggest...Continue Reading

Russia: Gazprom Unlikely to Sell Nord Stream 2 to U.S. Investor | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 26, 2024, 9:30 AM CST It is unlikely that Russian gas giant Gazprom, a shareholder in Nord Stream 2, would agree to hand over ownership...Continue Reading

Exxon: Don’t Expect ‘Drill, Baby, Drill’ Under Trump | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 26, 2024, 8:45 AM CST U.S. shale producers, including ExxonMobil, are prioritizing financial stability and shareholder returns over aggressive drilling expansion despite political encouragement. President-elect Trump’s pro-energy agenda...Continue Reading

High Energy Costs Continue to Plague European Industry | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Nov 26, 2024, 8:30 AM CST Europe is losing and will continue to lose...Continue Reading