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1 day ago · Russia is exporting crude oil at rates higher than before its 2022 invasion of Ukraine and the barrage of Western sanctions that followed it, many targeting specifically the oil industry.…

Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1

Jan 29, 2026 · If paired with sanctions relief, the changes could mark a true reopening of Venezuela’s oil sector, shifting policy from ideological rigidity toward pragmatic, investment-led recovery.

Dec 9, 2025 · Oil prices are set to average below $60 per barrel next year, investment banks have said in their latest forecasts in recent weeks.

Apr 7, 2025 · Oil prices fell due to concerns about President Trump's tariffs and potential global recession, with West Texas Intermediate crude briefly dipping below $60 per barrel.

Sep 11, 2020 · Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Light crude oil futures are extending their gains this week, up 5.70% and threatening to break out to the upside as U.S.-Iran tensions continue to escalate. The market has rallied…

Nov 22, 2025 · The IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs from AI, and continued global reliance on fossil fuels.