Oil output from Texas, the No. 1 producer in the country, for August, the last full month for which data are available, was higher than last year, data show. The Railroad Commission of Texas, the state energy regulator, reported preliminary production of crude oil averaged 2.4 million barrels per day, ... Read More »

NEW YORK, March 28 — Crude oil prices traded slightly lower early Monday as supply strains built up against expectations of some form of cut from major producers next month. The Iranian Oil Ministry’s news website Shana reports Iran exported around 14 million barrels of crude oil to European buyers ... Read More »