Oil Prices Steady On Uncertain Global Outlook and Supply Concerns
Oil prices are steady on April 24 as concerns over rising interest rates, the global economy, and the...
Oil prices are steady on April 24 as concerns over rising interest rates, the global economy, and the outlook for fuel demand were balanced by the prospect of tightening supplies.
Brent crudeslipped 34 cents to $81.32/bbl around 9:30 AM ET. Meanwhile, U.S. West Texas Intermediate crude was down 22 cents at $77.65.
Both contracts fell more than 5% last week for their first weekly declines in five as U.S. implied gasoline demand fell from a year earlier.
For the first time in 900 years, kings and queens from around the world are going to a British coronation
Ahead of King Charles’ coronation on May 6, we’ve rounded up all the international royals who made...
Ahead of King Charles’ coronation on May 6, we’ve rounded up all the international royals who made the guest list, including Princess Charlene and Prince Albert II of Monaco, and Crown Prince Akishino and Crown Princess Kiko of Japan. See the full list here.
The science behind why the four-day workweek works so well.
A growing body of evidence suggests that a four-day workweek can improve a workplace and make employees...
A growing body of evidence suggests that a four-day workweek can improve a workplace and make employees more satisfied — and experts say it could be even shorter. Read the full story.
Fatigue crack blamed for massive oil spill on Keystone pipeline in Kansas
The formal determination of the cause of the Keystone Pipeline...
The formal determination of the cause of the Keystone Pipeline leak that flooded 500,000 gallons of crude oil into a Kansas creek last December was announced Friday by operator TC Energy.
“The primary cause of the rupture was a progressive fatigue crack that originated at a girth weld connecting a manufactured elbow fitting to the pipe constructed across Mill Creek (in Kansas),”the operator of the pipeline, TC Energy, said in a news release.
For the first time in a month, the nation’s oil and gas rig count rebounded as did the number of active...
For the first time in a month, the nation’s oil and gas rig count rebounded as did the number of active rigs in Oklahoma in the past reported Baker Hughes Co. on Friday.
The total oil and gas rig count, an early indicator of future output, rose five to 753 in the week of April 21.
Oklahoma saw a gain of one rig to reach 56 total. A year ago, there were 51 rigs in the state.
Nationally, the growth in rigs included 3 moreoil rigs for a total of 591 while the number of gas rigs grew by 2 to 159. The count compares to a year ago when there were 695 rigs, a gain of 58. The gain included 42 more oil rigs and 15 more gas rigs.
Texas led the nation with 377 rigs, a gain of over 2 in the past week while New Mexico added one to hit 105. North Dakota was unchanged at 40 rigs while Louisiana stayed at 57.
