Bloomberg – Global commodity trade plunged deeper into chaos as Chinese companies started walking away from purchase contracts because of the spread...
Offshore Technology – Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows...
Pittsburgh Business Times – Chevron Corp. Chairman and CEO Michael Wirth said the oil and gas giant entered the Marcellus Shale at a...
Bloomberg – The world’s three biggest oil-market forecasters are split on what’s going to happen with supply and demand this year —...
Bloomberg – Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the...
WVNews — A trio of bills relevant to West Virginia’s oil and gas industry were advanced by Senate committees on Thursday. The...
Houston Chronicle – Gradiant Energy Services CEO Danny Jimenez wants to change how the oil and natural gas industry handles the hundreds...
Reuters – At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company...
S&P Global Platts – Producers in the New Mexico portion of the Permian Basin have shown resiliency amid depressed commodity prices and...
Robert Rapier – Forbes – Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and...
U.S. gasoline inventories extended their decline to four weeks, falling by 1.4M barrels to 239.1M barrels, and were 2% above the five-year average; gasoline stocks were forecast to have declined by 1.8M barrels.
Front-month Nymex crude for May delivery closed +0.9% to $69.65/bbl, and front-month May Brent crude finished +1% to $73.79/bbl, the highest settlement values for both since late February, while front-month Nymex April natural gas (NG1:COM) ended +0.5% to $3.861/MMBtu.
All three major U.S. stock indexes snapped a three-day stretch of gains to close lower on Wednesday, held down by President Donald Trump's plans to announce new automobile tariffs.
The Dow Jones Industrial Average fell 132.71 points, or 0.3%, to finish at 42,454.79, based on preliminary data. That was the biggest drop in a week.
The S&P 500 dropped 64.45 points, or 1.1%, to end at 5,712.20. That was the index's biggest decline in almost two weeks.
The Nasdaq Composite declined 372.84 points, or 2%, to finish at 17,899.01, its lowest point since March 10.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
A key hearing is set for this Friday in Big Spring, Texas, in a...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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