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In a recent Bloomberg interview, Anne-Sophie Corbeau, the former head of gas analysis at BP, discussed the shifting dynamics in global energy...
Credit: Story by Bloomberg|Sam Kim| South Korea is considering boosting energy imports from the US if Donald Trump wins the election and...
Three of the U.S.’s most oil-rich producing basins have also seen a notable rise in natural gas output over the past decade,...
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Next week, Oklahomans will decide who takes a seat on the Oklahoma Corporation Commission, which oversees utilities and the oil and gas...
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by Bloomberg| G.Smith, S.Cheong, A.Longley, M.Gindis |Oil traders are divided over whether OPEC+ will proceed with plans to restore production in December, as...
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(Reuters) - Oil prices settled more than $1 per barrel higher on Tuesday as new U.S. sanctions against Iran and rising equity markets helped spark a recovery rally from the prior session's steep selloff.
Brent crude futures rose $1.18, or 1.8%, to settle at $67.44 per barrel. The U.S. West Texas Intermediate crude contract for May, which expired on Tuesday's settlement, gained $1.23, or 2%, to close at $64.32.
The more actively traded WTI June contract also gained 2% to settle at $63.47.
The U.S. on Tuesday issued fresh sanctions targeting an Iranian liquefied petroleum gas and crude oil shipping magnate and his corporate network.
Although talks between Washington and Tehran over Iran's nuclear program made progress over the weekend, failure to reach a deal could weigh heavily on Iran's oil exports amid tightening U.S. sanctions, said John Kilduff, partner at New York-based Again Capital.
"Either some nuclear deal is agreed or the U.S. tries to drive Iran's oil flows to zero, and it's increasingly looking like a zero-flow scenario," Kilduff said.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...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...
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By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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