Continental Resources Inc.’s CEO Doug Lawler said that without locating potential new sites for drilling and extraction, oil prices could climb to $120 to $150 per barrel.

Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...

July 24, 2009 — -- Americans are used to hearing about their oil addiction.The case is usually made with numbers.The 400 million gallons of gasoline consumed each day. The 13 million barrels ...

Why gasoline prices are set to fall even as oil marches toward $100 a barrel ‘Seasonality’ leads to lower gas prices for U.S. drivers Last Updated: Sept. 30, 2023 at 2:49 p.m. ET First ...

The company reported a net loss for the second quarter and said it expects its 2020 annual production guidance at between 155,000 barrels of oil per day (Bopd) to 165,000 Bopd.

The company expects to pump between 195,000 and 205,000 barrels a day of crude in 2022. Continental Resources Inc., the shale exploration giant majority-owned by billionaire Harold Hamm, sees oil ...

U.S. shale producer Continental Resources Inc on Wednesday raised its annual forecast for oil and natural gas ... company now expects 2022 oil output between 200,000 and 210,000 barrels of oil ...

Americans increased their gasoline consumption by 508,000 barrels a day last week from the week before, according to the Energy Department. Still, consumption remained more than 300,000 barrels a ...

Many energy analysts think that oil prices will soon rise above $100 a barrel for the first time in more than a year, since the turmoil that followed Russia’s invasion of Ukraine.