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Crude Oil - Azerbaijan produces 600,000 barrels of crude oil per day in January
In January 2024, daily oil production (including condensate) in Azerbaijan amounted to 598,000 barrels, including 476,000 barrels of crude oil and ...
Crude Oil News Today: Supported by Geopolitical Strains, Non-OPEC Supply Outlook
With light crude oil futures finding strong support at the 200-day moving average, the market outlook is cautiously bullish. However, traders should remain vigilant to geopolitical developments and ...
Cuts to North Sea oil and gas investment weigh on Britain's production sector
Falling investment in North Sea crude and natural gas extraction helped drag Britain's production sector into contraction in the three months to January 2024, Office for National Statistics data shows ...
US for the sixth year running has been the world's main crude oil producer
The United States in 2023, for the sixth year running has been the world's main crude oil producer produced more crude oil than any other country in 2023, with an average output of 12.9 million bpd, ...
Crude Oil News Today: OPEC Maintains Robust Demand Growth Forecast
OPEC projects a notable rise in global oil demand, aligning with a positive economic growth forecast, hinting at a robust market ahead.