United Kingdom  

“News neutrality by unbiased coverage”
One News Page
> >

US firmly on course to become world's top oil producer next year; noses ahead of Saudi Arabia for first time in 4 decades

Firstpost Saturday, 14 July 2018 ()
The U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world's biggest oil producer for the first time in more than four decades. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day.
Share on
Share on
Post on 
Share by
Source: Wochit Business - < > Embed
News video: Oil Down 3% As Market Sees Saudi Increase

▶ Oil Down 3% As Market Sees Saudi Increase 00:33

Reuters/Heinz-Peter Bader Oil prices fell more than 3% on Monday. Saudi Arabia looks poised to shoot for record output. Analysts say Russia could also raise production more than previously expected. President Donald Trump has pressured the unofficial leader of the Organization of Petroleum Exporting...

Recent related news

Oil Slides As Saudis Gear Up To Pump Record Volume

Saudi Arabia is offering extra oil on top of its contractual volumes to some buyers in its key market Asia, as OPEC’s largest producer boosts oil production to... - Markets

Oil Regains Footing After Saudis Pause Production Surge

Though it has been an exciting week in oil markets, prices have stabilized in late week trading.  (Click to enlarge) (Click to enlarge) (Click to enlarge)... - Markets

Russia: Oil Producers Will Act If Market Deficit Emerges

Should supply disruptions in Venezuela and Libya lead to a deficit on the oil market, OPEC and its Russia-led non-OPEC partners will act to ensure enough supply,... - Markets

Saudi aviation academy to train first women pilots

A flight school in Saudi Arabia is opening its doors for women, following the end of a decades-long driving ban in the deeply conservative Muslim country where...
Reuters - WorldAlso reported by •

You Might Like

Tweets about this

Other recent news in Business

DONALD TRUMP lashes out at former lawyer for secretly taping conversationLONDON set for scorching weekend as temperatures soar to 30°C
FACEBOOK suspends another data analytics firm over surveillance concernsTOBLERONE to bring back original shape

Recent related videos

Family gets to say goodbye to uncle who went missing in World War II [Video]Family gets to say goodbye to uncle who went missing in World War II

It's a 74-year-old mystery that's finally been solved for a Westland man and his family. For all that time, Tom Kozak has wondered what happened to his beloved uncle, Walter Mintus.&nbsp; ..

Rumble -

The Rolling Stones - The Story & the Songs [Video]The Rolling Stones - The Story & the Songs

“Satisfaction”, “Paint it Black”, “Gimme Shelter”… These are not only some of the best Rolling Stones songs; they're some of the best classic rock songs of all time AND some of the best..

WatchMojo -

Jason Momoa Says Full Aquaman Trailer Is On The Way [Video]Jason Momoa Says Full Aquaman Trailer Is On The Way

Jason Momoa, who reprises his role as Arthur Curry in the DC Extended Universe venture, recently teased the release of the trailer from his social media account. You can check it out above! Ever since..

Wochit -

Modi's Government Faces First No-Confidence Vote [Video]Modi's Government Faces First No-Confidence Vote

Jul.20 -- Prime Minister Narendra Modi’s government faces its first no-confidence vote in parliament. Polls show the ruling Bharatiya Janata Party may fall short of a full majority in next..

Bloomberg Politics -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+