The increase in the week to Feb. 9 was the biggest weekly rise since January 2017. More than half of those oil...
Chesapeake Energy (CHK) announced last week its exit from the Mississippian Lime, the play that the company helped to pioneer several years...
As we prepare for Valentine’s Day, our gift to you is not a bouquet of roses or a box of chocolates, but...
The Trump administration is aggressively sweeping aside regulations protecting public land to clear a path for expanded oil and gas drilling. A memorandum from...
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Leases Continental Resources remains the most active operator in terms of leases and continues to increase their position in the SCOOP; look...
E&P companies deployed more drilling rigs across U.S. oil fields this week as crude prices pushed to levels not seen in more...
Investing.com – Oil prices ended Friday’s session close to their strongest level since late 2014, amid ongoing optimism that OPEC-led output cuts...
Since 2010, the United States has been in an oil-and-gas boom. In 2015, domestic production was at near-record levels, and we now...
COLOMBO, Sri Lanka (AP) Sri Lanka’s already dire economic crisis has deepened as oil prices hover near $110 a barrel. Vehicles are stranded with empty tanks, power cuts are depriving students of study time for exams and shopping mall air conditioners are being switched off to conserve energy.
The South Asian island nation already was so short of hard currency that authorities had restricted imports of cars and fertilizer. It's now having to scrape into dwindling reserves to pay for ever more costly oil needed to keep the economy running.
Source: AP
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
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By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
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