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Energy news covering oil, petroleum, natural gas and investment advice Crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in new mexico's permian basin, while offshore production growth remained. Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector
China has accelerated purchases of saudi crude oil for january to the highest volumes in five months, after the world’s top crude exporter slashed its official selling prices for asia…
The current price of west texas intermediate (wti) crude oil today is $58.18 per barrel Live charts, historical data, futures contracts, and breaking news on wti prices can be found below. The new oil discovery comes as pakistan is looking to develop its domestic resources to reduce dependence on imported oil and gas. A texas oil firm is fighting an uphill battle with the state of california to restart crude oil production and sales from three platforms in federal waters offshore santa barbara.
