Huge Challenges Remain One Month After US Takeover Of Venezuelan Oil

It's been over a month since the US ousted Nicolás Maduro, but there is little clarity about what is going on with the Venezuelan oil sector and huge challenge remain ...

U.S. November Oil Production Drops

U.S. November oil production decreased by 82 kb/d to 13,782 kb/d. The largest decrease came from the GOM, 76 kb/d.

Oil finds short-term support as oversupply eases, bearish risks linger

Oil oversupply is lower than expected due to IEA revisions and production outages, but analysts forecast falling prices later ...
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Record U.S. October Oil Production

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. Texas’ October production decreased by 45 kb/d to 5,753 kb/d, according to the EIA, and is 87 kb/d lower than ...