EIA hikes US oil output forecast, warns oversupply will slash prices
NEW YORK (Reuters) -U.S. oil production is expected to hit a larger record this year than previously expected,…
Oil Prices Climb After OPEC+ Announces Modest Output Hike
On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase…
Why Fossil Fuels Are Having Such A Hard Time Competing With Renewables
Support CleanTechnica’s work through a Substack subscription or on Stripe. The 3 reasons fossil fuels have such a…
Crude Oil Plummets to Lowest Since June
Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months,…
Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026
We are in the final innings of the third quarter, and energy markets remain tepid amid bearish sentiment.…
Oil Prices Dip as Supply Pressure Builds
Oil prices retreated in early Asian trade on Monday, edging lower after the resumption of crude exports from…
Oil little changed as demand concerns overshadow US rate cut buoyancy
(Reuters) – Oil prices were little changed on Friday after settling lower in the previous session, the day…
Oil steady as market weighs supply risk from attacks on Russian refineries
By Anjana Anil (Reuters) -Oil prices held steady in early trade on Tuesday after rising in the previous…
Saudi Arabia Leads OPEC Output Increase
OPEC crude production rose by about 400,000 barrels per day (bpd) in August, reaching 28.55 million bpd, according…
Why China’s Oil Production Keeps Growing Despite Lower Oil Prices
Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an…
Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening…
Alberta budget deficit forecast to grow more than originally forecast this year to $6.5B
The bad news for Alberta’s oil-reliant budget is set to get worse. Finance Minister Nate Horner says softening…