The global oil market is facing one of its most complex periods in recent memory. OPEC+ is adding more barrels back to...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the US’ Permian Basin and with high visibility into...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of rival BP, a merger that could reshape both...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two oil refineries in India is being held back...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth of fuel it delivered to the electric carmaker’s...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have surged by over 20% from the same period...
After months of tough negotiations and political tension, the United States and Ukraine have reached a new economic agreement designed to secure...
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Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has quietly exited a massive deepwater oil project off...
U.S. crude futures fell 1.3% to $81.46 a barrel and are more than 2% lower so far this week amid disappointing economic data out of China in recent days. Brent crude fell 1% to $85.31.
"After a nice seven-week rally, oil was ripe for a pullback," says Oanda's Edward Moya in a note. "If China doesn't get some major stimulus, global growth concerns won't be going away anytime soon. The oil market is likely to remain tight, but if China jitters intensify, Brent crude could still drop a few dollars."
Oil investors now turn their attention to weekly reports on U.S. oil inventories, first from trade group API at 4:30 pm ET, and followed by official EIA data tomorrow morning.
Former President Donald J. Trump and 18 others, including some of his former lawyers and top aides, have been indicted by an Atlanta grand jury in a sweeping racketeering case focused on Mr. Trump’s efforts to reverse the results of the 2020 election in Georgia.
The indictment — handed up after a single, extra-long day of testimony — is an unprecedented challenge of presidential misconduct by a local prosecutor. It brings charges against some of his most prominent advisers, including Rudolph W. Giuliani, his former personal lawyer, and Mark Meadows, who served as White House chief of staff at the time of the election.
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by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
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The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
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