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The company provided an initial view of what's ahead in 2025. Devon Energy expects its total production to average around 800,000 BOE/d, while its oil output should be about 380,000 barrels per day .
Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a backdrop of slowing demand as countries shift toward cleaner energies and forms of transportation ...
The bank said oil prices could go as high as $120 per barrel in the first quarter of 2025, implying a 62% increase. Brent crude , the international benchmark, traded around $73.48 a barrel around ...
The price of Saudi light crude sold to Asia fell to the lowest since November 2021. [1] Oil rose for the next two weeks, with Brent ending at $87.63 and WTI at $81.31, with loosening of restrictions in China a big reason, along with expectation of smaller interest rate increases.
Oil prices are expected to stay in the mid-$80 range this summer, but increasing supply and slowing demand will bring down prices next year, according to Citi analysts.
Suncor also forecast a slight rise in refinery throughput volumes to between 435,000 and 450,000 bpd in 2025. The company forecast capital spending for 2025 would fall 3% from this year to between ...
This list is partially sourced from the S&P Global Commodity Insights Top 250 Global Energy Company Rankings for 2022. The S&P Global list is restricted to publicly traded companies, and only integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation companies ...
North Oil operates the Al Shaheen Oil Field. The field is situated in Qatari waters, around 180 kilometers north from Doha , 80 kilometers north of Ras Laffan and the north-east coast of Qatar. Al Shaheen is the largest offshore field in Qatar and is part of the South Pars/North Dome Gas-Condensate field , stretching across 9,700 square ...