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Oil rises amid hopes for quick decline in U.S. shale output
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers......»»
Oil gains as U.S. shale production set to fall sharply
Oil prices rose on Tuesday after a U.S. agency said shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers......»»
Storage Crunch, Revved Up Saudi Production Promise More Pain for US Crude
Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer......»»
Citing past success, Mexico seeks to mediate Russia, Saudi Arabia oil row
Mexico and other nations are seeking to mediate between Russia and Saudi Arabia to end a price war that has battered world markets, Mexico's finance minister said on Tuesday, citing his country's prior experience in calming a crude producer feud......»»
OPEC cuts 2020 oil demand forecast, urges effort to avert new glut
OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new glut of crude......»»
Saudi Aramco building global gas business to cut carbon footprint
Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in a bid to lessen its carbon footprint, Chief Executive Amin Nasser said on Tuesday......»»
Oil majors strut into Houston for annual energy conference
The oil industry converges this week on Houston at CERAWeek, the largest gathering of top energy executives in the Americas, with oil majors showing a bigger presence as the United States has taken the crown as the largest crude producer in the world......»»
Exxon first quarter profit misses estimates on refining, chemical woes
HOUSTON (Reuters) - Exxon Mobil Corp , the world's largest publicly traded oil producer, posted a lower-than-expected quarterly profit on Friday as weakness in its chemical and refining operations offset a boost from higher crude prices ......»»
The US Will Soon Be the World’s #1 Crude Oil Producer
The US Will Soon Be the World’s #1 Crude Oil Producer $USO The EIA sees Crude Oil production climbing next year even with transportation bottlenecks in the country’s most prolific tight (s.....»»
Exxon Mobil quarterly profit jumps 18 percent on higher oil prices
Exxon Mobil Corp , the world's largest publicly traded oil producer, said on Friday its quarterly profit jumped 18 percent as rising crude prices offset falling production......»»
America is now the world"s largest oil producer
For the first time since 1973, the United States is the world's largest producer of crude oil......»»
America Becomes World’s Largest Oil Producer
According to the EIA, America almost certainly has become the world's largest oil-producing nation. The report does not show whether the development will help keep global crude prices low......»»
Energy Department says US is now world"s top oil producer
The United States is pumping record amounts of oil, vaulting over Russia to become the world's biggest producer of crude......»»
Oil rises on signs recent low prices crimping U.S. output; but economic worries weigh
Oil markets rose on Monday on signs that the recent price plunge may start crimping supply from the United States, currently the world's biggest crude producer, though concerns about the global economy continued to weigh......»»
Brent crude inches up, but concern over demand limits gains
Oil prices edged up on Monday after evidence that a recent fall to 15-month lows may be affecting output in the United States, the world's largest producer, although concern about the outlook for demand tempered gains......»»
China Is By Far The World"s Largest "Hydro-Power"
China Is By Far The World's Largest 'Hydro-Power' China is the world’s biggest hydro power producer, having genera.....»»
Nexstar hires former ABC News exec Michael Corn to head NewsNation
Corn previously was the senior producer responsible for overseeing "ABC World News" and ABC's "Good Morning America.".....»»
EV Anxiety? World"s Largest Lithium Producer Crashes On Chilean Political Storm
EV Anxiety? World's Largest Lithium Producer Crashes On Chilean Political Storm As we detailed earlier, as Chileans overwhelmingly chose leftist and independent candidates for the.....»»
India is the world"s biggest vaccine producer but it"s struggling to get enough COVID-19 vaccines to give to its own population
India set a goal to fully vaccinating 300 million people by.....»»
Futures Movers: Oil gains as shipping remains at a halt in the Suez Canal, but U.S. prices log a weekly loss
Crude-oil futures finished higher Friday as a 220,000 ton cargo ship blocked the Suez Canal for a fourth straight day and efforts to dislodge one of the world's largest container vessels from the critical trade waterway proved unsuccessful......»»