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Oil Holds Near $57
Tuesday, November 20, 2018 Crude markers in New York and London have both fallen more than 20% from their October highs.
Crude Oil Down on OPEC Uncertainty
Tuesday, November 20, 2018 WTI and Brent crude futures prices fell on concerns about OPEC, economic growth and soft petroleum demand.
Oil Shoots Back Up After 6 Weeks of Losses
Monday, November 19, 2018 Oil shot back up following 6 weeks of losses as speculation of OPEC weighing bigger output cuts overshadowed signs of expanding American crude production.
Global FPSO Market Set to Rebound
Monday, November 19, 2018 The global floating production market has stirred back to life, according to Rystad Energy.
Russian Stance on OPEC+ Cuts Shows Gap with Saudis
Monday, November 19, 2018 Russia's energy minister insists the country and its allies in OPEC need to watch the oil market in the coming weeks before making any decisions to cut output.
Oil Advances as Capacity Warnings Counter Russia Queries
Monday, November 19, 2018 Oil prices gained ground as traders weighed countervailing signals about how much OPEC and its allies can afford to trim production.
Oil Poised for Sixth Weekly Loss
Friday, November 16, 2018 Oil is poised for a sixth weekly loss, trading near $57 a barrel.
Finding Oil Floor Is Going to Take More Time
Friday, November 16, 2018 Finding a floor for oil is going to take more time, according to CIBC Private Wealth Management Senior Energy Trader Rebecca Babin.
How to Bounce Back from Professional Failure
Friday, November 16, 2018 Oil and gas experts offer tips on how to bounce back from a professional set-back.
Crude Oil Down for the Week but Gas Rebounds
Friday, November 16, 2018 The December WTI remained flat on Friday.
Oil Trades Near $56
Thursday, November 15, 2018 Oil traded near $56 a barrel after snapping a record losing streak.
The Market is Overreacting
Thursday, November 15, 2018 The market is overreacting, according to Nasdaq IR Intelligence Energy Director Tamar Essner.
Crude Oil Up and Gas Continues Wild Ride
Thursday, November 15, 2018 Crude oil futures continued to recover Thursday while natural gas' robust rally reversed course.
How Will Oil's Freefall End?
Wednesday, November 14, 2018 Oil's record losing streak has plunged prices into a bear market and is reverberating around the globe.
Oil's Collapse Deepens
Wednesday, November 14, 2018 Oil showed little sign of recovering from its unprecedented decline.
IEA Welcomes Return of Oil Surplus
Wednesday, November 14, 2018 The IEA welcomes the oil market's return to surplus.
Crude Oil Recovers and Natural Gas Roars
Wednesday, November 14, 2018 One day after tumbling more than 7%, the December WTI crude oil futures price recovered slightly.
Oil Extends Record Losing Streak
Tuesday, November 13, 2018 Oil fell for a 12th consecutive session in its longest losing streak on record.
Market Balanced, No Cause for Alarm
Tuesday, November 13, 2018 The market is still relatively in a state of balance and there is no cause for alarm, the OPEC Secretary-General tells Bloomberg.
Crude Oil Futures Plunge
Tuesday, November 13, 2018 Surging US crude oil output and worries about an economic slowdown contribute to a steep decline in crude oil futures.
GE's Knack for Bad Timing Strikes Again
Tuesday, November 13, 2018 General Electric Co.'s plan to unravel its Baker Hughes stake smacks of desperation.
Oil Climbs After Record Run of Losses
Monday, November 12, 2018 Oil climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year.
Analysts Not Surprised by Move into Bear Territory
Monday, November 12, 2018 Analysts at Cantor Fitzgerald Europe are not surprised by the move into bear territory.
Digitalization Can Save Upstream Sector $75B Each Year
Monday, November 12, 2018 A new study by Wood Mackenzie shows how the US Lower 48 has led the way in utilizing technology to transform their business.
Unconventional Wells Getting Early Win from Predictive Analytics
Monday, November 12, 2018 More than one-half of the world's top 100 largest oil and gas companies are now using digital tools to predict the future.
Crude Oil Benchmarks Set Record
Monday, November 12, 2018 The WTI and Brent crude oil benchmarks set records - but not the kind that oil producers typically like.
Oil Teeters Near Record Losing Streak
Friday, November 09, 2018 Oil's set for its longest stretch of declines on record after entering a bear market.
Time Has Come for OPEC to Start Worrying
Friday, November 09, 2018 The time has come for OPEC to start worrying, according to the founder of Vanda Insights.
Oil Trades Near $62
Thursday, November 08, 2018 Oil was steady after 8 days of losses.
Oil Market Faces Precarious Few Months
Thursday, November 08, 2018 The oil market faces a precarious few months, according to Wood Mackenzie.
Big Oil Tells Big Tech Being Arrogant Will Backfire
Thursday, November 08, 2018 One of the biggest oil bosses in the world has a message for hotshot young tech stars.
Oil Poised for Longest Losing Run Since 2014
Wednesday, November 07, 2018 Crude's set for the longest losing streak since 2014 as concerns of a supply crunch ease.
OPEC Eyes Yet Another U-Turn
Wednesday, November 07, 2018 OPEC is enduring one of the most head-spinning years in its history.
Oil and Gas Recruiting to Rise in Coming Months
Wednesday, November 07, 2018 Rigzone's recent survey finds that oil and gas recruiting is expected to increase in coming months, on the heels of a better market climate.
WTI Settles Below $62
Wednesday, November 07, 2018 Both the WTI and Brent contracts ended the day lower during midweek trading.
Oil Trades Near 7-Month Low
Tuesday, November 06, 2018 Oil held near the lowest level in 7 months as concerns over a supply crunch eased after the U.S. granted waivers to 8 governments to continue buying some Iranian crude.
Oil Could Hit $100 If Supply Crunch Worsens
Tuesday, November 06, 2018 Oil prices are likely to be 'biased to the upside' for the rest of the year, according to Citigroup Inc.
Start of Very Strong Cycle for Oil and Gas
Tuesday, November 06, 2018 We're at the beginning of a very strong cycle for oil and gas, according to Halliburton's CEO.
ExxonMobil's Wood Says Size Doesn't Matter in M&A Deals
Tuesday, November 06, 2018 The world's biggest public energy company doesn't worry about size when it comes to potential deal-making.
Crude Oil Settles Lower
Tuesday, November 06, 2018 Both the WTI and Brent crude oil prices ended the day lower.
Crude Extends Decline
Monday, November 05, 2018 Oil extended its decline to a sixth day.
Oil Majors See Roaring Profits During 3Q
Monday, November 05, 2018 Oil companies saw soaring profits during 3Q as they emerge worst-in-a-generation crude slump.
Sunday Midnight Will Mark Dividing Line in Oil World
Friday, November 02, 2018 Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.
Oil Set for Worst Week Since February
Friday, November 02, 2018 Oil's set for the biggest weekly loss since February.
ExxonMobil and Chevron Report Strongest 3Q Results in 4 Years
Friday, November 02, 2018 ExxonMobil and Chevron deliver their strongest third-quarter results in four years, capping a week in which Big Oil enjoyed profits not seen since the days of $100 crude.
Crude Oil Down Six-plus Percent for Week
Friday, November 02, 2018 The ongoing slump in global and US stock markets has dampened the energy demand outlook, and a stronger US dollar earlier this week hasn't helped.
Oil Extends Losses Near $65
Thursday, November 01, 2018 Oil extended losses near $65 a barrel after the worst month in more than 2 years.
India, Korea, US Said to Agree Iran Oil Waiver Outline
Thursday, November 01, 2018 India and South Korea agreed with the U.S. on the outline of deals that would allow them to keep importing some Iranian oil, according to Asian officials with knowledge of the matter.
WTI Falls Below $64
Thursday, November 01, 2018 Thursday was another down day for crude oil futures.
Oil Set for Biggest Monthly Slide Since 2016
Wednesday, October 31, 2018 Oil's set for its biggest monthly drop since 2016 as the specter of a slowdown in the global economy haunts the market.
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