Tag: United States oil industry
Oil Prices Steady as China Stimulus and US Stockpiles Drive Market
Oil Prices Remain Steady Amidst China Stimulus and US Stockpile ConsiderationsOil prices have stabilized following a recent increase, with a focus on China's stimulus measures and the status of US stockpiles. Brent hovered around...
Global Oil Deficit Forecasted for US in 2025: Outlook Reversal
US Anticipates Global Oil Deficit in 2025In an unexpected turn of events, the United States has revised its previous forecast of a crude glut in 2025 to predict a small oil-market deficit instead. The...