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According to the US Energy Information Administration, the US pumped out an average of 13.4 million barrels of oil a day in 2024, setting a fresh record for the third straight year in a row.
Despite the recent rally, Kaneva and her team expect Brent prices to average $73 for 2025. Silhouettes of onshore oil and gas well in the field outdoors against blue cloudy sky (Olga Rolenko via ...
Oil gained as much as 1% on Friday amid supply worries after Treasury Secretary Scott Bessent told Fox Business, "We are committed to bringing the Iranians to going back to 100,000 barrels per day ...
In 2020, it was the third largest oil producer in the world, behind the United States and Saudi Arabia, with 60% of its oil exports going to Europe. [17] [18] Russia is traditionally the world's second-largest producer of natural gas, behind the United States, and has the world's largest gas reserves and is the world's largest gas exporter. In ...
Floods in the United States (2000–present) is a list of flood events which were of significant impact to the country during the 21st century, since 2000. Floods are generally caused by excessive rainfall, excessive snowmelt, storm surge from hurricanes , and dam failure.
In a period of three days on September 1–3, 2023, flooding occurred as part of a seasonal monsoon season across portions of the Southwestern United States, including California, Nevada, Arizona, Utah and the Las Vegas Valley. Muddy terrain during the Burning Man festival stranded more than 70,000 people. [2]
Oil prices slid on Tuesday after President Donald Trump signed executive orders aimed at unleashing US production and hinted at tariffs against trading partners Canada and Mexico, sparking fears ...
Oil production cuts by Russia and the Organization of the Petroleum Exporting Countries (OPEC) have helped push Brent crude prices up some 10% over the past month to roughly $93 per barrel.