[NEW YORK] US oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the US Energy Information Administration (EIA)...

[HOUSTON] Vastly slower US oil growth this year and the prospect of a plateau for the world's top oil producer have signalled a new and unfamiliar era of self-restraint for the go-go shale...

[SEOUL] South Korea's oil imports from the United States and the United Arab Emirates jumped in July, with Iranian shipments remaining at zero for a third month due to US sanctions, customs data...

[NEW YORK] US crude stocks fell last week as refineries reduced crude runs, while gasoline inventories decreased and distillate stocks rose, data from industry group the American Petroleum...

[NEW YORK] US refiners had a plan for 2020: use their complex operations to maximise profits by making products that would comply with new international laws capping sulfur content in shipping...

[SINGAPORE] Oil prices rose to their highest level since November 2018 on Monday, driven up by Opec's ongoing supply cuts, US sanctions against Iran and Venezuela and strong US jobs data.

[HOUSTON] The number of pipeline and storage terminal projects proposed to move shale to the US Gulf Coast has dwindled amid steps by oil producers to pare exploration spending.

[NEW YORK] A year ago, the US government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.

COMMENTARY

THE US Energy Information Administration (EIA) has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of Opec ministers -...

[NEW YORK] US energy firms cut 21 oil rigs this week, the biggest decline since February 2016, even as the United States is expected to reinforce its leadership as the world's number one crude...