crude oil News Updates

Government, Fuel

US Cuts 2018 Crude Production Forecast Amid Lower Prices

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

July 11, 2017
Business, Fuel

Oil Posts Weekly Decline as US Drillers Resume Expansion

Oil prices declined for the week of July 3, as expanded U.S. drilling activity and added production offset a larger-than-expected drop in stockpiles.

July 7, 2017