U.S. oil production reached a record high of 13.053 million b/d in August, but this figure is overstated due to changes in methodology. The adjustment to U.S. oil production has become consistently ...
Oil prices declined due to perceived global economic slowdown and conflicting supply/demand forecasts from EIA, IEA, and OPEC, creating market distortions. Global crude oil production peaked in ...
Data, the so-called "new oil," is outperforming the old, literal oil. Microsoft, Meta, and Alphabet all reported better-than-expected results this week — on Tuesday, Google's parent company saw ...
Brent crude rallied back to $80 per barrel on heightened geopolitical risk. Standard Chartered: over the past four weeks, open interest across the main Brent and WTI contracts declined to a ...
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications. Pyth Network, an oracle provider, ...
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China saw its first-half crude imports drop year over year for the first time in a first half in eight years, sparking concerns in the market that purchases from the world’s largest oil importer may ...
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