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2 days ago · Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1

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.

2 days ago · Oil prices edged higher in early Asian trading on Monday, lifted by optimism over a new trade framework between the United States and China that has eased fears…

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The current price of West Texas Intermediate (WTI) crude oil today is $61.19 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

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.

3 days ago · U.S. oil and gas producers seek efficiencies and cost reductions amid lower oil prices this year compared to 2024 levels. Fresh off multi-billion-dollar mergers and acquisitions …