As the Trans Mountain, Dakota Access, and Line 5 pipelines continue to face legal and regulatory setbacks, North American crude output is...
CALGARY, Alberta, (Reuters) – The CEOs of top Saudi Arabian and U.S. oil producers Aramco (2222.SE) and Exxon Mobil (XOM.N) on Monday pushed back...
By: Reuters – China’s record crude oil processing and robust imports in August have painted a bullish picture of demand in the world’s largest...
By: Reuters – Chevron (CVX.N) said on Monday that full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in...
By: Dayton Daily News – The Ohio Attorney General’s Office is investigating the origins of public comments sent to state regulators urging...
CrownRock LP, a private equity-backed oil and gas producer, is reportedly considering a sale that could value the company at over $10...
By: Reuters – A fault at Chevron’s (CVX.N) Wheatstone facility in Australia temporarily shut about a quarter of its liquefied natural gas...
DOE estimates reaching the Biden Administration’s goal of net-zero emissions by 2050 will require between 400 million and 1.8 billion metric tons of carbon...
By Stephanie Kelly|NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in...
Helge Lund, Chairman of BP, assured employees that the company’s energy transition strategy would remain unchanged despite the sudden departure of CEO...
Oil declined Monday, with U.S. prices settling at their lowest in almost two weeks, retreating in tandem with equity markets amid growing concerns about the health of the economy and the outlook for demand, said Colin Cieszynski, portfolio manager and chief market strategist at SIA Wealth Management.
"Oil is currently a demand story and if there are any issues related to supply, it’s more likely oversupply," he told MarketWatch. It’s becoming clear that issues surrounding tariffs are "not going to be settled or resolved easily and could drag on for months."
Traders should start to hear more about the outlook for oil later this week and into next week, once the big producers start reporting on Friday, said Cieszynski.
West Texas Intermediate crude for June delivery lost 97 cents to settle at $62.05 a barrel, the lowest front-month contract finish since April 15, according to Dow Jones Market Data.
Stocks finished mostly higher Monday ahead of a busy week of economic data and an onslaught of corporate earnings, including results from four members of the so-called Magnificent 7. Investors look for signs of progress on the trade front and any signs of damage from tariffs.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Have your oil & gas questions answered by industry experts.