Tag Archives: United States of America

US oil production has more than doubled over the past decade.

The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.

The first EU-US Energy Council High-Level Forum will take place on May 2 in Brussels.

China passed on U.S. crude for much of the second half of last year amid a series of tit-for-tat tariff measures.

LNG prices in Asia have been in a steady decline in recent days and weeks.

The two sides are yet to sign any official agreement regarding the extension of the deadline.

The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.

The sanctions block all payments to PDVSA accounts.

Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.

Higher energy prices will lead to higher gasoline prices in the U.S.