After full-year production growth of 4% in 2023 and an all-time monthly production high in December 2023, US production growth slowed down significantly in early 2024.
In its March Short-Term Energy Outlook, the US Energy Information Administration said it expects the Brent crude oil spot price will average $88/bbl in second-quarter 2024, up...
Several OPEC+ members, led by Saudi Arabia and Russia, will extend voluntary oil output cuts of 2.2 million b/d into second-quarter 2024, providing the market with a boost amid...