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4 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

2 days ago · Indian Oil Corp. has bought several crude oil cargos from Angola, Brazil, and the UAE to replace Russian barrels under sanctions, Reuters reported today, citing unnamed sources.

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.

Sep 11, 2020 · Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Jul 28, 2025 · U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in New Mexico's Permian Basin, while offshore production growth …

4 days ago · A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining. The United States Geological Survey (USGS) has released…

May 15, 2025 · U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the …

May 12, 2025 · Falling oil prices and concerns about supply disruptions due to US sanctions have prompted Chinese majors to aggressively increase their onshore oil inventories.