President Donald Trump’s push to increase US crude oil production under his “energy dominance” agenda faces challenges as shale companies plan to keep budgets stable or lower in 2025.
February 09, 2025
Several Asian nations are pursuing ambitious energy strategies, balancing the need for economic growth with long-term sustainability goals.
February 02, 2025
US policy and its potential impact on the global oil market have become a focal point for OPEC+.
February 01, 2025
Upon being sworn in for a second term, President Donald Trump vowed to reshape US energy policy by declaring a
January 25, 2025
Crude oil production from Alaska’s North Slope, long in decline, is set to rebound over the next decade.
January 19, 2025
OPEC+ is set to confront significant challenges as its production cut tapering could result in a substantial surplus in the global oil market by 2026, according to the Saudi think tank KAPSARC.
January 19, 2025
In a decisive move before exiting office, President Joe Biden enacted a sweeping ban on offshore drilling in over 625MM acres (252.93MM hectares) of US coastal and offshore territories, including sensitive areas like the eastern US Atlantic coast and parts of the Arctic.
January 11, 2025
Speculators and algorithmic traders are increasingly optimistic about rising oil prices, driven by anticipated policy shifts in the US, stricter sanctions on Iran, and evolving trends in global oil demand.
January 11, 2025
In 2025, the US Gulf of Mexico is set to achieve record oil production, expected to reach around 2MM b/d, driven by the commencement of several major deepwater fields.
January 05, 2025
In 2024, US oil production reached a record high, surpassing the previous year’s achievement of 12.9MM b/d.
December 28, 2024
