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The supply of oil continues to be boosted by record-shattering US crude production. All of that US oil, led by the Permian Basin of West Texas and New Mexico, is offsetting production cuts by ...
In the first week of November, US crude oil production reached a new record of 13.2 million barrels per day. The influence of the United States on global oil markets has grown significantly, as ...
China said it would implement a 15% tariff on coal and liquefied natural gas products as well as a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S. The ...
Libya doesn’t have a quota and is now producing about 1.1 million barrels of oil per day. Iran is producing 3.2 million, and the oil minister said he wants to get to 3.6 million by the end of ...
He has guided PIRA Energy Group since its founding in 1976. He is a speaker at industry seminars and conferences in the U.S. and abroad, covering a range of energy topics, and is a commentator on CNBC [1] and CNN, as well as the Financial Times [2] and The New York Times. [3] He is also a member of the Council on Foreign Relations.
The United States is set to produce a global record of 13.3 million barrels per day of crude and condensate during the fourth quarter of this year, according to a report published Tuesday by S&P ...
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Roughly 70 percent of Mexico's natural gas consumption comes from the United States, and the U.S. imports about 700,000 barrels of crude oil from Mexico each day. [3] Food production between the two countries is also closely integrated; the U.S. sources roughly half of its fresh fruits and vegetables from Mexico, and Mexico is the top market ...