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This report provides an overview of global oil and natural gas market trends, including price changes, production data, and geopolitical developments impacting energy.

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6 days ago · Australia’s Woodside Energy expects its sales of crude oil and natural gas to rise by some 50% by 2032, driven by growing demand for energy, especially in Asia.

Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

The current price of West Texas Intermediate (WTI) crude oil today is $59.80 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Oct 7, 2025 · OPEC+ production increases are creating a complex geopolitical landscape, impacting global oil prices, US energy policy, and the rivalry between major oil exporters.

Aug 6, 2025 · Argentina is rapidly emerging as a major South American oil and natural gas producer, driven by the successful exploitation of the massive Vaca Muerta shale play.

Aug 31, 2025 · Despite geopolitical risks, Wall Street banks have lowered their oil price forecasts for later this year and the first quarter of 2026, expecting the glut to depress prices.