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Brazil is oil market wildcard after near-million-barrel plunge

(Bloomberg) -- Brazil's rebound from a stunning collapse in oil production promises to complicate OPEC's efforts to micromanage global supplies and prices.Most read on...

We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

Oil demand has been on a roller coaster ride over the past five years due to a global pandemic, wars and other economic pressures.This...

Exxon to take 18-24 months to hit full stride with Pioneer purchase

By Sabrina ValleHOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of...

Top 3 Oil Stocks to Buy as U.S. Oil Companies Break Production Records

The United States produced 12.9 million barrels per day (BPD) of oil last year. It is the largest crude oil produced by any...

RBC commodities chief warns of tighter oil supply and potential price increases with US production outlook slashed in half this year

Supply in the oil market is about to tighten significantly, according to RBC's Helima Croft.The outlook for U.S. oil production has been cut in...

Devon Energy’s profit decreases, production impacted by winter storm

(Reuters) - U.S. shale producer Devon Energy reported a decline in fourth-quarter profit on Tuesday, hit by lower oil and gas prices, and forecast...

The death of oil demand has been exaggerated and supply won’t be able to keep up without more investment, Morningstar says

The figures are based on Morningstar's forecast that electric vehicles will make up 57% of all vehicles by 2050 and the adoption of...

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