Oilprice com news
Here are the latest news articles from OilPrice.com:
Top Stories
- Oil Prices Surge As OPEC+ Cuts Output: Oil prices jumped on Monday after OPEC+ agreed to cut oil production by 2 million barrels per day, the largest reduction since 2020. Read more...
- US Oil Production Hits Record High: The United States produced a record 12.2 million barrels of oil per day in August, according to the Energy Information Administration. Read more...
- China's Oil Demand Rebounds: China's oil demand rebounded in August, driven by a recovery in the country's economy and a surge in fuel consumption. Read more...
Energy News
- Venezuela's Oil Exports Plummet: Venezuela's oil exports have plummeted to a 20-year low, as the country's oil industry continues to struggle under US sanctions. Read more...
- Russia's Gazprom Plans Major Gas Pipeline Expansion: Russia's state-owned gas company Gazprom plans to expand its gas pipeline network by 2025, as the company seeks to increase its market share in Europe. Read more...
- US Shale Drillers Cut Rigs for First Time in 2022: US shale drillers cut the number of oil rigs in operation for the first time this year, as the industry responds to lower oil prices. Read more...
Market Analysis
- Oil Prices May Fall Further: Oil prices may continue to fall in the coming weeks, as the global economy slows and demand for oil weakens. Read more...
- The Impact of OPEC+ Cuts on Oil Prices: The OPEC+ production cuts will likely support oil prices in the short term, but the impact will be limited by rising US shale production. Read more...
- The Future of Oil Prices: The future of oil prices will depend on a range of factors, including global demand, supply, and the impact of climate change. Read more...
I hope you find these articles informative and interesting!