By Tsvetana Paraskova for Oilprice.com | Amid Middle East tensions, experts doubt Iran will follow through on threats to close the Strait...
by Bloomberg, via RigZone.com|Bloomberg News | Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just...
The oil & gas rumor mill is getting fired up again as recent industry chatter suggests that Chevron Corporation and Diamondback Energy...
By Alejandra Martinez | The Texas Tribune | FORT WORTH — Republican Christi Craddick cruised to reelection, defeating three challengers to keep her...
Donald Trump’s election has brought renewed optimism to the oil and gas industry. Energy Transfer co-CEO Mackie McCrea recently shared his thoughts,...
[S&P Global] – Asian oil buyers are set to witness significantly more opportunities to import attractively priced crude from the US despite...
In yesterdays elections, both Oklahoma and Texas have chosen leaders for their respective energy regulatory bodies, decisions that will have a significant...
In the whirlwind of the 2024 U.S. Presidential Election, former President Donald Trump reclaimed the White House in a dramatic victory, marking...
The gap in prices for U.S. shale oil from West Texas compared to Houston has widened significantly in the past two months....
Election Day has finally arrived in the US, following former President Donald Trump’s and Vice President Kamala Harris’ last-minute campaign blitzes in...
The American Petroleum Institute reportedly shows a draw of 3.3M barrels of oil in U.S. commercial stockpiles for the week ending May 30.
Gasoline inventories reportedly increased by 4.7M barrels for the week, and distillate inventories increased by 760K barrels.
The Energy Information Administration will release its weekly U.S. petroleum supply report on Wednesday; analysts surveyed by The Wall Street Journal forecast domestic commercial crude stocks will decrease by 1.3M barrels, gasoline inventories are expected to decrease by 400K barrels, and distillate inventories are seen increasing by 500K barrels.
Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran, looked set to keep sanctions on both OPEC+ members, Russia and Iran, in place for longer.
Brent crude futures rose $1, or 1.5%, to settle at $65.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.4%, to close at $63.41.
"Risk premium has ramped up this week as the prospect of a Russia/Ukraine ceasefire as well as an Iranian nuclear deal now appear to have been pushed back for weeks if not months," analysts at energy advisory firm Ritterbusch and Associates said in a note.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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