The first crude oil had actually been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo. However,...
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Avi Salzman – Barrons – Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines....
David Wethe, (Bloomberg) — No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their...
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
The conflict between #Israel and #Hamas will continue to be the most important factor affecting the #oil markets and the situation will be in the forefront this week with Israel finishing preparations for a ground incursion into #Gaza. https://t.co/L3OKWKOUtL pic.twitter.com/oNmbFbrH6y
— Stratas Advisors (@StratasAdvisors) October 16, 2023
President Biden plans to visit Israel on Wednesday, Secretary of State Antony J. Blinken said in Israel in the early hours of Tuesday, setting up an extraordinary trip to a grieving nation on the brink of invading Gaza, the Palestinian territory already driven into a desperate humanitarian crisis by Israeli strikes that followed Hamas terrorist attacks.
The trip will be a remarkable gamble, demonstrating American solidarity with Israel and signaling that reinforcement to Iran, Syria and Hezbollah at a time of increasing anxiety about a regional war. But it also ties Mr. Biden, and the United States, to the bloodshed in Gaza, where two million people are trapped and critical supplies are dwindling.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
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Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
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By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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