
Crude Oil News - Page 1 | OilPrice.com
3 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
Global Oil Consumption Reaches All-Time High - OilPrice.com
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.
Oil Prices Dip As Oversupply Concerns Mount | OilPrice.com
4 days ago · Oil prices eased on Monday amid concerns of looming oversupply, despite last week's rally spurred by sanctions on Russian oil producers and positive US-China trade talks.
North American Rig Count, Drilling and Frac Spread Count Data
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 …
U.S. Onshore Oil Production Soars to Record Highs
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 …
Oil Prices Poised to Soar After U.S. Attacks Iran Facilities
Jun 22, 2025 · The United States launched targeted strikes on three Iranian nuclear facilities, escalating Middle East tensions, prompting fears of soaring oil prices and drawing sharp …
The Real Reason China is Buying More Oil - OilPrice.com
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.
The Return of Peak Oil - OilPrice.com
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 …
Oil Prices Rise on Rate Cut Optimism | OilPrice.com
Aug 25, 2025 · Oil prices rose as Jerome Powell signaled potential U.S. rate cuts while escalating Ukrainian attacks on Russian energy assets and looming U.S. sanctions heightened supply …
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
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.