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2 days ago · Shell and Kazakhstan have signed an agreement for oil and gas exploration in the Zhanaturmys block in western Kazakhstan, the Kazakh Energy Ministry said on Thursday.

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

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.

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.

2 days ago · The world’s top crude importer, China, plans to further boost its undisclosed strategic oil reserves and expand storage capacity under its newly-unveiled five-year development plan.

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.

Jul 30, 2025 · Oil prices rose to multi-week highs as geopolitical tensions, U.S. tariff threats on Russian oil, and anticipation of key economic data drove market volatility.

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.

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.