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The latest OPEC+ decision to increase output is putting pressure on US crude production, leading Kpler to believe that US output will peak in 2025. U.S. crude oil supply will rise more slowly than ...

OPEC+ could bring back 2.2 million barrels daily in supply by November this year in an apparent acceleration of the rollback of its production cuts, per a Reuters report citing unnamed sources ...

(Bloomberg) -- Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the ...

LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through October 2025 if members of the group don't improve ...

Saudi Arabia, Russia and six other members of the oil cartel announced over the weekend an output increase of 411,000 barrels a day for June, a month after a similar move had already caused prices ...

LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group's leader ...

Union Minister Satish Chandra Dubey on Monday commended Bharat Coking Coal Limited (BCCL), a Coal India arm, for achieving a record output of 3.39 million tonne (mt) in April. Dubey, the minister ...

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. REUTERS/Brendan McDermid/File photo U.S. stocks rose on Thursday as investors cheered a new ...