Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing #JusticeDepartment #Priceofoil #BigOil #Oilproduction
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BOMBSHELL: U.S. Oil Companies Colluded to Raise Gas Prices
2024 05 28

#MorePerfectUnion
The #FTC uncovered a series of texts between #PioneerNaturalResources CEO #ScottSheffield and #OPEC officials agreeing to limit #oilproduction to raise prices.

youtu.be/gWwWkH0iJtc/

📈 Witness the ascent: Visualizing the U.S. rise as the top crude oil producer. 🇺🇸⛽ #OilProduction #Energy

This is great...Our India is raising higher and higher under PM Modi's leadership.

.Hardeep Singh Puri (मोदी का परिवार) 🙏🙏🙏👏👏👏🇮🇳🇮🇳🇮🇳

#KrishnaGodavariBasin #OilProduction 👏👏👏🇮🇳🇮🇳🇮🇳

#NewsUpdates
#NNPC
#OilProduction
#voiceoflagos

A happy customer this time, tubing tested good, pump is fine. Well, it has oil. Now it's time for a pump jack. It's definitely worth the cost. Makes me happy their happy. East Texas. #ofs #eft #dyno #oilandgas #oilproduction #GreenEnergy

The #Frontpage of today's #newspaper #Warheroes #war #Grandmosque #Yazd #Olympics #Tehran #auction #EAEU #FTA #OPEC #EVs #Oilproduction #GazaNews #GazaGeniocide #Israel #Kuwait

#DailyData from Amwaj.data | Major oil facilities in 🇮🇷Iran

Learn more 👉 amwaj.media/data/country/i… #IranEnergy #OilProduction 🛢️🛢️

China's 1st homegrown water injection Xmas tree system, core equipment for subsea #OilProduction , has begun service in waters off S China's Zhanjiang. The 22-ton device can extract oil with high-pressure filtered seawater and boost the output of an oilfield by 50,000 tonnes.

What's behind the 10% increase in well productivity of the DJ Basin?🤔

Watch this clip to discover the three-pronged strategy that might be the future move of shale plays!

#oott #DJbasin #oilandgas #machinelearning #shaleplays #wellproductivity #oilproduction

(1/3) Oil output from OPEC declined during March due to lower exports from key producers such as Iraq and Nigeria. This decline comes against the backdrop of ongoing voluntary supply cuts agreed upon by OPEC+ alliance members.
#OPEC #OilSupply #OilExports #Oilproduction

Además de las consideraciones legales y económicas, hay aspectos técnicos que desaconsejan disminuir o cortar la producción de petróleo. Ejemplo: en la cuenca San Jorge (Chubut) no se deja de inyectar agua si la producción baja. 🛢👇
📊: OilProduction Consulting

According to OPEC’s secondary sources, Libya’s crude oil output reached 1.24 million barrels per day (bpd) in March 2024, overtaking Nigeria’s production of 1.23 million bpd. Read more economyglobal.com/news/libya-sur…
#OPEC #Oil production #Nigeria #Libya #Oil

“Did we run out of Tier 1 wells?”👀

This is a common question as we saw a 10% drop in oil production. But fear not!

The answer isn't running out of Tier 1, but rather a strategic pause during the COVID

#oott #oilandgas #machinelearning #tier1 #oilproduction

The Impact of America's Record Oil Production on Inflation
#OilProduction #Inflation #USAOilProduction #EconomicFactors #USOilProducer #OilIndustry

#Permian tight #oilproduction came in at 5.3 million b/d in July. This was slightly below the level earlier this year, but now that the decline in #rigcount appears to have halted, we do foresee a small rate of growth again for the basin.📈

Declining #wellproductivity is still a

Brent crude futures rose by 0.33%, reaching $82.67 a barrel. Meanwhile, U.S. West Texas Intermediate crude climbed 0.44%, to $77.12 a barrel. Read more economymiddleeast.com/news/oil-price…
#Oil #Oil pricestoday #Oil production

The UAE will extend its additional voluntary oil output cut of 163,000 barrels per day for the second quarter of 2024, in coordination with some OPEC+ countries. Read more economymiddleeast.com/news/uae-exten…
#UAE #Oil #Oil production #OPEC

Lowering Gasoline Costs: How it Affects Grocery Prices and the Economy
#LoweringGasolineCosts #GroceryPrices #EconomicImpact #FuelPrices #OilProduction #JeromePowell #FedBoard #TransportationCosts #Economy #FuelPriceImpact