News

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.
These U.S. Goods—From Oil To Cars—Could Face Price Hikes As Europe Reportedly Considers New Tariffs
The U.S. has largely replaced Russia as one of the largest exporters of oil and gas into the EU since Russia invaded Ukraine ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...
Trump Says With Lower Oil Prices, Putin Is More Eager to Settle the Ukraine War
U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin ...
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...
Oil price crucial for Russia, but national interests come first, Kremlin says
Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...
Kyiv Independent on MSN7h
Trump says falling oil prices mean Russia 'wants to settle' a peace deal in Ukraine
"I think Russia, with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle ...
EIA Cuts Oil Price Estimates on Expected Inventory Builds
The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...