EIA Reports “Record” Crude Production… Or Did They?
The Energy Information Administration (EIA) released its monthly U.S. oil data for August yesterday, with the spotlight shining on the
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US Oil Production
White House: Oil Companies Have A “Patriotic Duty” To Increase Production
The White House continues to go after oil refineries, pointing out that they a patriotic duty to stop “taking advantage
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IHS Markit: Global Oil Demand Not Expected to Recover Until 2022
Despite optimistic vaccine rollouts that are beginning to unfold across many parts of the world, several key commodities will still
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US Oil Jobs in Peril: Many Will Never be Recouped Even in the Post-Pandemic World
As the demand for crude oil is slated to remain subdued for the foreseeable future amid the pandemic, the US
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US Oil Production Anticipated to Fall by 0.99 Million BPD in August in Light of Grim Economic Outlook
Back in July, the Energy Information Administration (EIA) had anticipated that crude oil production in the US would decline on
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US Oil Rig Count Drops to Record Low as Shale Industry Struggles to Remain Viable
Although the recent slight increase in oil prices has prompted some US producers to begin drilling again, it appears that
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Coronavirus Erases Decades of Demand Growth for Crude Oil
Despite the agreement between OPEC and affiliates to cut oil production to record levels, oil prices still dropped to $20
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US Shale Oil Production Reduced by Record Drop Amid Global Oversupply
The Energy Information Association (EIA) recently issued a crude oil production forecast, citing a forthcoming oversupply of oil amid a
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