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Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...
From January 2025 to December 2026, oil production in Non-OPEC countries is expected to increase by 1,428 kb/d. January’s Non-OPEC W/O US oil production rose by 37 kb/d to 40,040 kb/d.
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...
For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...
Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...
However, the company anticipates challenges in the second quarter due to tariff impacts and OPEC's production increase, with management focusing on flexibility, cost controls, and opportunities in ...
Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.
OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...
A surprise decision by Opec+ to accelerate production increases is fuelling hopes of cheaper oil across import-reliant Asia – but analysts warn the move could backfire, with deepening US-China ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Crude has also been hit by a surprisingly large increase in production from OPEC and its allies. Trump has repeatedly called for OPEC to ramp up supply, in part to drive down inflation and pile ...
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