Wednesday 12 December 2018
 
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US Energy

US crude oil output to soar despite price rout

US crude oil production will peak at 10.6 million barrels per day in 2020, a million barrels more than the high forecast a year earlier, undeterred by the worst price rout since the financial crisis, a report said. The US governme

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Opec income to soar 32pc on high oil price

Higher crude oil prices and  stronger global oil demand will see Opec's earnings from oil  exports increase by nearly a third this year and keep rising  through 2011, the US Energy Department said on Tuesday. The US Energy I

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Oil falls to $81 as dollar gains

US crude oil fell on Thursday to around $81 a barrel, weighed down by gains in the dollar, but a big drawdown in US gasoline stocks, a weak longer-term outlook for the greenback and positive technicals all supported. A US Energy Informatio

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