OilPrice

JUNE 15, 2025

Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran and Israel erupted into open military conflict targeting critical energy infrastructure. The spike follows an 8% jump on Friday, marking one of the sharpest two-day increases in oil prices in recent years.

Oil 320

Oil Energy Energy Barrel 320

CNBC: Energy

JUNE 22, 2025

role in Iran-Israel fight fuels market jitters Published Sun, Jun 22 2025 10:35 PM EDT Updated 2 Hours Ago Lee Ying Shan @in/ying-shan-lee @LeeYingshan WATCH LIVE Key Points Oil markets are entering a new phase of uncertainty after the U.S. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S.

Barrel 105

Barrel Oil Finance Crude Oil 105

OilPrice

APRIL 8, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. million barrels again to 396.7 million barrels in the week ending April 4. million barrels again to 396.7

Crude Oil 347

Crude Oil American Petroleum Institute API Oil 347

OilPrice

MARCH 25, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels for the week ending March 21. million barrels. So far this year, crude oil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data.

American Petroleum Institute 337

American Petroleum Institute API Crude Oil Oil 337

OilPrice

MARCH 10, 2025

shale producers could increase production even if oil prices fell to $50 per barrel as the sector continues to innovate and boost efficiency gains, U.S. Secretary of Energy Chris Wright told the Financial Times. The energy secretary appears New supply is going to drive prices down.

Oil 311

Oil Energy Energy Barrel 311

OilPrice

JUNE 4, 2025

Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration.

American Petroleum Institute 293

American Petroleum Institute Crude Oil Oil API 293

OilPrice

MARCH 25, 2025

The UK could produce about half of the energy it consumes locally, in the North Sea, the energy industry association, Offshore Energies, said this week, as quoted by the Financial Times. For that, however, the industry needs the right business conditions.

IT 276

IT Oil Energy Energy 276

Enverus

JUNE 19, 2025

The ongoing conflict between Israel and Iran continues to send shockwaves through global energy markets. Recent strikes on Iranian energy infrastructure by Israel have heightened concerns about supply disruptions and price volatility. Global oil stocks are below five-year averages, and the U.S.

Energy 130

Energy Energy Barrel Oil 130

OilPrice

APRIL 1, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. million barrels again to 396.4 million barrels in the week ending March 28. million barrels again to 396.4

Crude Oil 322

Crude Oil American Petroleum Institute API Oil 322

OilPrice

JUNE 4, 2025

WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable global oil demand, a survey of banks by law firm Haynes Boone showed on Wednesday. per barrel in 2025, down from $61.89 a barrel expected in Haynes Boones Fall 2024 survey.

Oil 293

Oil Barrel Energy Energy 293

OilPrice

MAY 1, 2025

Russia expects 24% lower revenues from oil and gas this year compared to earlier estimates, following the oil price crash that began in early April and sank the price of its flagship Urals crude close to the $50 per barrel mark. Russia now sees its oil and gas revenues at about $101.7 billion (8.32 billion (8.32

Oil 325

Oil Finance Barrel Energy 325

OilPrice

MAY 20, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel million-barrel draw. The API reported a 4.287 million barrel inventory increase in the prior week.

American Petroleum Institute 309

American Petroleum Institute API Crude Oil Oil 309

OilPrice

JUNE 5, 2025

Calgary-based Vermilion Energy Inc. The assets in the sale consist of about 5,500 barrels of oil equivalent per day boe/d of production, of which 81% is oil and liquids, as well as 10 million barrels of oil equivalent of proved developed producing reserves, Vermilion Energy said on Thursday.

Energy 274

Energy Energy Barrel Natural Gas 274

Oil & Gas 360º

JUNE 19, 2025

(World Oil) – U.S. crude stockpiles declined the most in almost a year last week, signaling a tighter market for American oil just as the Israel-Iran conflict threatens supplies from the Middle East. Oil inventories dropped 11.5 Oil inventories dropped 11.5 Energy Information Administration (EIA).

Oil 130

Oil Barrel Crude Oil Energy 130

OilPrice

APRIL 29, 2025

Canadian energy producers are focusing more on natural gas as oil prices suffer the combined effects of the U.S. The Western Canadian Select benchmark dived from about $59 per barrel at the start of April to just $50 per barrel now.

Gas 268

Gas Natural Gas Oil Energy 268

OilPrice

APRIL 16, 2025

crude oil production is set to peak at around 14 million barrels per day (bpd) in 2027, according to the Annual Energy Outlook 2025 of the U.S. Energy Information Administration (EIA). Shale-only oil production in the United States will also peak in 2027, the EIAs outlook says.

Oil 347

Oil Crude Oil Barrel Energy 347

OilPrice

MAY 5, 2025

crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday.

Crude Oil 362

Crude Oil Oil Barrel Energy 362

OilPrice

MARCH 31, 2025

crude oil production was down 305,000 barrels per day, hitting 13.15 Energy Information Administration (EIA) on Monday, also revising its December estimate downward by around 40,000 barrels, to 13.45 January U.S. million bpd, a level it hasnt dipped down to in over a year, according to data released by the U.S.

Oil 349

Oil Crude Oil Barrel IT 349

OilPrice

MARCH 20, 2025

Last November, Nigerias oil production hit the highest in 2024, at 1.7 million barrels daily. The countrys government has a stated ambition to boost that considerably, by some 1 million barrels daily within two years. But there is a problem it needs to solve first: pipeline sabotage.

Pipeline 299

Pipeline Oil Barrel Government 299

OilPrice

MAY 14, 2025

Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration.

American Petroleum Institute 285

American Petroleum Institute Crude Oil Oil API 285

OilPrice

MAY 23, 2025

Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstans Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. Earlier this year, Kazakhstans energy ministry said that the country plans to produce a total of 96.2

IT 349

IT Condensate Oil Crude Oil 349

Oil & Gas 360º

JUNE 13, 2025

(Investing) – Israel’s attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving blockades in the Strait of Hormuz could push prices above $100 per barrel, Goldman Sachs said. per barrel. per barrel. [O/R]

Oil 130

Oil Barrel Casing Sustainable 130

Oil & Gas 360º

JUNE 10, 2025

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

Disposal Well 130

Disposal Well Oil E&P Basin 130

OilPrice

MAY 28, 2025

For most of the past century, energy producers could count on steady oil demand growth. From industrial development in China to population booms in emerging markets, the global appetite for oil kept expanding like clockwork. million barrels per day (bpd) for nearly 60 years. But a recent forecast from the U.S.

Oil 268

Oil Barrel Energy Energy 268

OilPrice

MARCH 19, 2025

Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. essentially

Crude Oil 266

Crude Oil American Petroleum Institute Oil API 266

OilPrice

APRIL 22, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. million barrel build in the prior week. So far this year, crude oil inventories are still up more than 19 million barrels, according to Oilprice calculations of API data.

American Petroleum Institute 263

American Petroleum Institute API Crude Oil Oil 263

OilPrice

MARCH 18, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. million-barrel build. So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data.

Crude Oil 274

Crude Oil American Petroleum Institute API Oil 274

OilPrice

APRIL 23, 2025

Crude oil inventories in the United States saw an increase of 200,000 barrels during the week ending April 18, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S.

American Petroleum Institute 283

American Petroleum Institute Crude Oil Oil API 283

OilPrice

JUNE 2, 2025

This weekend, OPEC+ agreed to add another 411,000 barrels daily to its combined output. The decision came amid expectations of a bigger hike that had weighed on energy stocks prior to the latest meeting of the group. Following the OPEC+ decision, oil prices actually jumped. The oil market just remembered that geopolitics exists.

Oil 269

Oil Barrel Energy Energy 269

OilPrice

MARCH 13, 2025

Crude oil prices dipped today, despite expectations for strong demand following the U.S. Energy Information Administrations latest inventory report that showed a more sizable draw than expected. per barrel, with West Texas Intermediate at $67.55 per barrel, both down from Wednesday.

Crude Oil 265

Crude Oil Oil Barrel Energy 265

OilPrice

MAY 15, 2025

Significantly lower oil prices in April sent Russias oil export revenues down to the lowest level in nearly two years as the price of Russian grades fell alongside the benchmark international prices, which lost about $10 per barrel last month. Russias revenues from oil exports slumped to $13.2

Oil 288

Oil Barrel Energy Energy 288

OilPrice

MAY 6, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in the week ending May 2, after analysts had estimated a 2.5-million-barrel million-barrel draw. million barrel inventory hike in the prior week. The API reported a 3.76

American Petroleum Institute 258

American Petroleum Institute API Crude Oil Oil 258

OilPrice

MARCH 31, 2025

Chinas state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels. Test drilling produced 413 barrels of crude oil and 68,000 cu m of natural gas daily, state news agency Xinhua reported.

Field 272

Field Oil Crude Oil Barrel 272

OilPrice

MAY 21, 2025

billion barrels of shale oil, Turkish Energy and Natural Resources Minister, Alparslan Bayraktar, has said. Turkey's current annual (crude) oil import amounts to 365 million barrels. billion barrel reserve is a great figure, Reuters quoted Bayraktar as saying in southeast Turkey.

Oil 259

Oil Crude Oil Barrel Basin 259

OilPrice

MARCH 13, 2025

A new round of sanctions targeting Irans oil industry and the countrys oil minister boosted oil prices earlier today, offsetting the negative effect of the International Energy Agencys latest monthly report, released Thursday. per barrel and West Texas Intermediate was changing hands for $67.02

Oil 261

Oil Barrel Energy Energy 261

OilPrice

MAY 20, 2025

shale production will likely plateau if WTI oil prices remain in the low $60s per barrel, and decline at prices in the $50s, ConocoPhillips chairman and CEO Ryan Lance said at the Qatar Economic Forum on Tuesday. Commenting on oil prices shale firms to profitably drill a new well. shale firms to profitably drill a new well.

Oil 294

Oil Barrel Energy Energy 294

BOE Report

JUNE 10, 2025

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday. The organization expects a 24% increase in the world’s energy needs between now and 2050, with oil demand surpassing 120 million barrels per day over that time [Read more]

Oil 104

Oil Barrel Energy Energy 104