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Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

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3 days ago · Chevron reported stronger-than-expected third-quarter results on Friday, supported by record oil and gas production following its roughly $53-billion acquisition of Hess Corporation.

Mar 23, 2025 · A significant increase in global oil supply is projected for 2025, potentially reaching the highest level in ten years, but this hinges on oil prices remaining at levels that justify …

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Jan 16, 2025 · Last year, supermajors reported record oil and natural gas output from the top shale basin, the Permian. They also spoke of their plans to raise that output even further.

Mar 3, 2025 · The article explains that oil companies primarily receive tax breaks, not direct subsidies, and these tax breaks are similar to those given to other industries.

Mar 20, 2025 · But oil and gas prices have retreated significantly since peaking mid-2022, leaving producers with minimal hedging exposed to highly volatile energy markets.

6 days ago · Crude oil price analysis and research that covers crude oil futures and oil price forecasts. We also look at events that cause oil price movements. | Page 1