Oil prices dipped slightly as traders weighed bullish U.S. demand and production data against lingering tariff uncertainty from President Trump.

US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the US Energy Information Administration said.

US crude oil production in the week ending May 30 rose +0.1% w/w at 13.408 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

US crude oil production in the week ending May 30 rose +0.1% w/w at 13.408 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

Oil stored at Cushing, Okla., the Nymex delivery hub, rose by 576,000 barrels to 24.1 million barrels . The EIA estimated U.S. crude oil production at 13.4 million barrels a day, virtually ...

Crude oil futures fell with expectations of further OPEC+ production increases in July outweighing the easing of trade tensions between the U.S. and the European Union.

US crude oil production in the week ending May 16 was unchanged w/w at 13.392 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

Crude input to refineries was up by 330,000 barrels a day at 16.4 million barrels a day. The EIA estimated U.S. crude oil production at 13.4 million barrels a day, up by 20,000 barrels a day the ...

S&P estimates that US oil production will dip to 13.3 million barrels per day in 2026, a 130,000-barrel decline from its 2025 forecast. It would be just the second time in the past decade that US ...

U.S. crude oil futures fell more than 2% on Monday, after OPEC+ agreed to surge production for a second month.

US crude oil production in the week ending April 25 was unchanged w/w to 13.465 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

Oil stocks at Cushing, Okla., the Nymex delivery hub, were up by 682,000 barrels at 25.7 million barrels. The EIA estimated U.S. crude oil production at 13.47 million barrels a day, little changed ...