(Bloomberg) — The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top crude oil producer...
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Jordan Blum – Houston Chronicle –The nation’s biggest energy players, Exxon Mobil and Chevron, are emerging as the biggest competitors in the...
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EDDY COUNTY, NEW MEXICO (Reuters) – In New Mexico’s Chihuahuan Desert, oil major Exxon Mobil Corp is building a massive shale oil...
By Will Anderson – Managing Editor, Austin Business Journal | Bud Brigham, who has sold two oil companies this decade for a combined $6.8 billion,...
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In the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported. Monthly net trade of...
U.S. natural gas production rose 11% or by 10 billion cubic feet per day in 2018, from 2017, and the growth was...
NEW YORK/HOUSTON (Reuters) – Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading...
Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a potential drop in diesel supplies.
Brent crude futures settled down 7 cents, or 0.1%, to $69.21 a barrel. U.S. West Texas Intermediate crude settled down 14 cents, or 0.2%, to $67.20.
The European Union approved on Friday the 18th package of sanctions against Russia over its war in Ukraine, which also targeted India's Nayara Energy, an exporter of oil products refined from Russian crude.
"The market right now thinks that supply will still make it to market in one way, shape or another. There is not too much concern," said John Kilduff, a partner at Again Capital in New York.
Kremlin spokesperson Dmitry Peskov said on Friday that Russia had built up a certain immunity to Western sanctions.
The EU sanctions followed U.S. President Donald Trump's threats last week to impose sanctions on buyers of Russian exports unless Russia agrees to a peace deal within 50 days.
U.S. stocks ended mostly higher on Monday, with tech stocks leading the gains as investors looked ahead to earnings from major tech companies, including Tesla and Google’s parent Alphabet, due later this week.
The Dow Jones Industrial Average went down 19.12 points or 0.04% to end at 44,323.07, marking back-to-back losses, according to the Dow Jones Market Data.
The S&P 500 went up 8.81 points or 0.1% to end at 6,305.60, a record close. It is the index's 10th record close of the year.
The Nasdaq Composite rose 78.52 points or 0.4% to finish at 20,974.17, also closing at a record and marking its sixth consecutive daily gain. It is the index's 12th record close of the year.
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Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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