By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
By: Bozorgmehr Sharafedin – Reuters – Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw...
By: Jeff Barron – EIA – Crude oil inventories in Cushing, Oklahoma, totaled 32.9 million barrels (excluding pipeline fill and stocks in...
By: Dave Kolpack – AP – The latest bout of legal wrangling over the collection of North Dakota oil and gas royalties...
By: Ron Busso – Reuters – Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel...
(Reuters) – Top U.S. shale oil producer Pioneer Natural Resources Co has put its assets in the Delaware Basin of Texas on...
By: Arathy Nair – Reuters – U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to...
By: Drew Costley – AP – Los Angeles County supervisors voted unanimously Wednesday to phase out oil and gas drilling and ban...
By: Rachel Treisman – NPR – Harvard University says it will end its investments in fossil fuels, a move that activists —...
By: David French – Reuters – GeoSouthern, a U.S. natural gas exploration and production company backed by Blackstone Inc’s credit investment arm,...
(Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05%.
Brent settled more than 7% lower this week, while WTI lost around 8%, marking their biggest weekly declines since Sept. 2, when OPEC and the International Energy Agency cut their forecasts for global oil demand in 2024 and 2025.
In China, the world's top oil importer, the economy grew at the slowest pace since early 2023 in the third quarter, though September consumption and industrial output beat forecasts.
"China is key to the demand side of the equation so that is very much weighing on prices here today," said John Kilduff, partner at Again Capital in New York.
China's refinery output declined for the sixth straight month as thin refining margins and weak fuel consumption curbed processing.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Have your oil & gas questions answered by industry experts.