By: Anthony Di Paola – Bloomberg – The OPEC+ oil cartel is facing its biggest crisis since a price war at the...
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now...
(Reuters) – Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four...
By: Joshua Mann – Houston Business Journal – Private equity investment in the oil and gas business could begin to pick up...
By: Matthew Brown and Felicia Fonseca – Associated Press – On oil well pads carved from the wheat fields around Lake Sakakawea,...
As banks pull back from energy lending, a variety of funds, including some of the world’s biggest, are rushing in to fill...
By: Bill Holland – S&P Global Market Intelligence – Designed with input from the financial and regulatory communities, the largest oil and...
By: Corina Ricker – EIA – In our June 2021 Short-Term Energy Outlook (STEO), we forecast U.S. natural gas prices to increase during...
By: Stephen Cunningham – Rystad Energy – Private equity is finally seeing some upside from shale investments, after treading water for the...
By: Michael Lynch – Forbes – Production of oil and gas from shale has been a modern marvel, and one that has...
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.
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal...
In the heart of West Texas, where the highways stretch for miles and the...
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
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...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
Have your oil & gas questions answered by industry experts.