NEW YORK (Reuters) – Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to...
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
Reuters – Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time...
AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
Williston Herald – A University of North Dakota economist anticipates that it won’t take as long for the Bakken to recover from...
CNBC – Some of the world’s largest oil producers will meet to discuss a historic production cut later this week, with energy...
Wal van Lierop – Forbes – The COVID-19 pandemic has shuttered the world’s economies, overwhelmed healthcare systems and taken loved ones from...
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
By: Dylan Goforth – Enid News & Eagle – Gov. Kevin Stitt this week sent a letter to President Donald Trump, urging...
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
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...
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