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By: The New York Times – New intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group carried out the attack on...
By: Reuters – U.S. energy executives and top OPEC officials on Monday discussed concerns about a lack of spare oil production capacity...
By – Reuters – Environmental groups sued the Biden administration on Monday to block the sale of oil and gas drilling rights...
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U.S. crude futures fell 1.3% to $81.46 a barrel and are more than 2% lower so far this week amid disappointing economic data out of China in recent days. Brent crude fell 1% to $85.31.
"After a nice seven-week rally, oil was ripe for a pullback," says Oanda's Edward Moya in a note. "If China doesn't get some major stimulus, global growth concerns won't be going away anytime soon. The oil market is likely to remain tight, but if China jitters intensify, Brent crude could still drop a few dollars."
Oil investors now turn their attention to weekly reports on U.S. oil inventories, first from trade group API at 4:30 pm ET, and followed by official EIA data tomorrow morning.
Former President Donald J. Trump and 18 others, including some of his former lawyers and top aides, have been indicted by an Atlanta grand jury in a sweeping racketeering case focused on Mr. Trump’s efforts to reverse the results of the 2020 election in Georgia.
The indictment — handed up after a single, extra-long day of testimony — is an unprecedented challenge of presidential misconduct by a local prosecutor. It brings charges against some of his most prominent advisers, including Rudolph W. Giuliani, his former personal lawyer, and Mark Meadows, who served as White House chief of staff at the time of the election.
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
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Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
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