Current levels of crude production are both bad for oil prices and our neighbourhoods

Topics:  oil   production   
BING NEWS:
  • Oil settles down on US jobs data, steepest weekly loss in 3 months
    Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest rate cut.
    05/3/2024 - 8:34 am | View Link
  • Oil prices log worst week since February as concerns over Middle East supply risks fade
    Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their ...
    05/3/2024 - 8:30 am | View Link
  • Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
    Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.
    05/3/2024 - 7:11 am | View Link
  • US oil and gas production rebounds after winter storm
    LONDON, May 1 (Reuters) - U.S. oil and gas production rebounded sharply in February after extensive disruption the previous month caused by freezing wells and other outages stemming from Winter Storm ...
    05/2/2024 - 5:02 am | View Link
  • Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
    Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels ...
    05/1/2024 - 8:22 am | View Link
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