US operators return to the record books. June output topped 13.6 million barrels a day according to the latest government updates. Crude output this week came close to another record. At 13,639,000 ...
The oil market faces an even larger surplus than previously anticipated as oil supply growth forecasts for this year and next ...
Brazil’s state-controlled Petrobras is resuming production at a platform at one of its two biggest offshore oil fields, potentially adding to a global supply surplus that has left crude prices in the ...