Alaska North Slope production averaged 482,485 barrels per day in December, down 3,765 bpd, 0.77%, from a November average of 486,248, and down 0.04% from a December 2023 average of 482,659 bpd. Crude ...

Oil prices settle lower as U.S. crude supplies fall but product stocks rise Weekly gasoline stockpiles climb by more than 6 million barrels, EIA says Last Updated: Jan. 8, 2025 at 3:22 p.m. ET ...

Alaska’s Arctic Ocean shores had been known to hold oil in some capacity since the 1800s. Native Alaskans would cut blocks of ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United increased by 1 million barrels for the week ending January 17. Analysts surveyed by Reuters had expected ...

Crude oil tariffs in response to Trump's threats would cause pain on both sides In Canada's arsenal of possible responses to a Trump tariff, the nuclear option is the threat to withhold ...

Also thrilled at Trump’s move is Hilcorp Energy, owned by Houston billionaire Jeff Hildebrand, which controls Prudhoe Bay and the Alaska ... the SPR with heavier crude oil, like that from ...

PORTLAND, Ore. (KTVZ) – The price of crude oil jumped to $80 a barrel last week, and that’s pushing pump prices higher in 45 states, including Oregon, AAA Oregon/Idaho reported Tuesday.

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

(Bloomberg) -- Russia’s seaborne crude exports saw their biggest drop since November last week after outgoing US President Joe Biden imposed sweeping sanctions on the country’s oil trade ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.