Crude Oil Supply
2 stories tagged Crude Oil Supply.
Global Oil Production Projected to Rebound to Pre-Conflict Levels by Year-End, EIA Indicates
Analysis from the U.S. Energy Information Administration suggests a restoration of global oil output to quantities observed before the recent Iranian conflict, with projections pointing to a return by the close of the current year.
Venezuelan Crude Offers Limited Short-Term Impact on US Refining Dynamics
The potential reintroduction of Venezuelan crude into the global market is unlikely to significantly alter current US gasoline prices or refining operations, given existing infrastructure and logistical challenges.