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U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
These U.S. Goods—From Oil To Cars—Could Face Price Hikes As Europe Reportedly Considers New Tariffs
The U.S. has largely replaced Russia as one of the largest exporters of oil and gas into the EU since Russia invaded Ukraine ...
Oil price crucial for Russia, but national interests come first, Kremlin says
Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...
EIA Cuts Oil Price Estimates on Expected Inventory Builds
The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...
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Oil Price Slide Triggers Demand Jump and Slight Rebound
Oil prices have rebounded, driven by increased demand, despite ongoing concerns about OPEC+ policies, US tariffs, and ...
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...
Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...