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Oil Poised for Weekly Gain
Friday, February 15, 2019 Oil heads for its biggest weekly gain in a month.
Oil Will Continue to Play Significant Role in 2040
Friday, February 15, 2019 Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil for several decades, according to BP's latest Energy Outlook.
US Weighs New PDVSA Sanctions
Friday, February 15, 2019 The Trump administration is considering blocking foreign entities from dealing with Venezuela's state oil giant.
US Drillers Add Rigs for Second Consecutive Week
Friday, February 15, 2019 The US added a net total of two rigs this week.
Crude Oil Up More Than 5% for the Week
Friday, February 15, 2019 A Russian pledge and a Saudi outage provided support for crude.
It's All Going Wrong for OPEC
Thursday, February 14, 2019 Even as oil producing states in OPEC and beyond begin implementing the output cuts they agreed in December, the world's need for their crude is shrinking further.
NOPEC Bill to Fail if Brought to a Vote
Thursday, February 14, 2019 Fitch Solutions expects the NOPEC bill to fail if brought to a vote.
Global Oil Prices Turn Topsy-Turvy
Thursday, February 14, 2019 Some of the world's dirtiest and densest crudes traditionally spurned for being too difficult to process are having a moment in the sun.
Oil Crash Is Over But Debt Is Still Growing in Gulf
Thursday, February 14, 2019 The oil crash came and went but the debt pile it left across the Gulf is still growing.
Energy Companies at Increasing Risk of 'Over-Investing'
Thursday, February 14, 2019 Companies continue to link executive pay to the discovery of energy resources the world can't safely burn, according to a new report.
Crude Oil Up for Third Straight Day
Thursday, February 14, 2019 Production curbs in Canada and OPEC countries, along with US sanctions on Venezuela, are factors.
Oil Extends Gain
Wednesday, February 13, 2019 Oil climbed for a 2nd day after Saudi Arabia pledged to deepen production cuts and U.S. President Donald Trump said he might extend a deadline for additional tariffs on China.
Top 10 US Shale Portfolios
Wednesday, February 13, 2019 Chevron holds the most valuable U.S. shale portfolio in terms of total net present value, according to Rystad Energy.
BHP Approves $696MM Funding for BP Project
Wednesday, February 13, 2019 BHP approves a total of $952 million in funding for BP's Atlantis Phase 3 and drilling of an appraisal well in the Trion field offshore Mexico.
Chevron CEO Says Lower Your Costs or Die
Wednesday, February 13, 2019 In a time of transition, where everyone from politicians to shareholder activists is bashing Big Oil, shale's success is forging a new reality, Wirth said: Lower your costs, or die.
Crude Oil Ends Day Higher
Wednesday, February 13, 2019 Natural gas didn't add to its three-day winning streak, though.
Oil Holds Below $53
Tuesday, February 12, 2019 Oil held under $53 a barrel as a tentative deal to avoid another growth-killing U.S. government shutdown was offset by the prospect of rising American crude inventories.
Oil Demand Growth to Slow Significantly From 2020
Tuesday, February 12, 2019 Oil demand growth is expected to slow significantly from next year, according to McKinsey Energy Insights' Global Energy Perspective 2019 Reference Case.
Tuesday, February 12, 2019 The global oil industry's foundation of ever-expanding demand will probably crumble and that may hurt profits sooner than expected, according to a London fund manager.
OPEC Sees Weaker Demand for Its Crude
Tuesday, February 12, 2019 OPEC reduced its estimate for the amount of crude the world needs it to pump this year as US production continues to thrive and the demand outlook falters.
Chevron Pledges to Work With US to Remain in Venezuela
Tuesday, February 12, 2019 Chevron pledges to work closely with the US to remain in Venezuela despite a spiraling crisis.
WTI Trades Above $54
Tuesday, February 12, 2019 Crude oil, gasoline and natural gas prices finished higher Tuesday.
Oil Keeps Falling on Growth Fear
Monday, February 11, 2019 Oil fell toward the lowest level in almost 2 weeks as global growth concerns continued to damp the demand outlook.
Brent Probably Trading Between $74-$84 by Year-End
Monday, February 11, 2019 By year-end, Brent will probably trade somewhere between $74 and $84 per barrel, according to Fat Prophets.
Will Oil Ever Hit $100 Again?
Monday, February 11, 2019 Rigzone asks industry experts whether the price of oil will ever reach $100 per barrel again.
US Oil and Gas Employment Up 5.4% in 2018
Monday, February 11, 2019 Texas accounted for four out of 10 US oil and gas jobs last year.
Crude Oil Ends Day Lower
Monday, February 11, 2019 Both the WTI and Brent contracts settled lower Monday.
Egypt to Draw More Oil and Gas Investors
Monday, February 11, 2019 Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment.
BP Senior Engineer Talks Value of STEM Advocacy for Women
Friday, February 08, 2019 BP's Tamara Holmgren got introduced to oil and gas by chance and has since made it her mission to encourage more women to enter an industry she loves.
Bill Allowing US to Sue OPEC Moves Forward
Friday, February 08, 2019 Legislation that would allow the US government to sue OPEC for inflating oil prices cleared a key hurdle in the new session of Congress.
Apache Cuts 2019 Upstream Capital Budget
Friday, February 08, 2019 The US E&P has cut CAPEX from $3 billion to $2.4 billion.
How Does Blockchain Technology Fit into Oil and Gas
Friday, February 08, 2019 Let's just say blockchain may only be as strong as its weakest link. Need help understanding it? Read on...
US Adds Seven Oil Rigs
Friday, February 08, 2019 The US saw an addition of seven oil rigs this week but saw a decline in gas rigs.
Crude Oil Reverses Course
Friday, February 08, 2019 Oil prices changed direction this past week.
Oil Resumes Drop
Thursday, February 07, 2019 Oil resumed its drop as rising U.S. production and concern over the global economic outlook countered a decline in American fuel inventories.
Big Oil Proves Crude Price Is Just a Number
Thursday, February 07, 2019 The crude market had its worst quarter in 4 years but you wouldn't be able to tell by looking at Big Oil's stellar earnings numbers.
Oil and Gas Employment Starts 2019 Positively
Thursday, February 07, 2019 After the industry stabilized, there was a reprieve from layoffs and instead, hiring began to pick back up.
Trump Aide Trade Comment Stymies Crude Oil
Thursday, February 07, 2019 A White House advisor's remarks about the progress of U.S.-China trade talks added to economic jitters.
Size Matters for Profitable Shale Drilling
Thursday, February 07, 2019 When it comes to whether or not shale drilling in the Permian is actually profitable, Rystad Energy concludes that operator size matters.
Crude Oil Down on Trade Deal Talk
Thursday, February 07, 2019 A downbeat assessment of US-China trade negotiations put downward pressure on the crude oil market Thursday.
Oil Extends Loss
Wednesday, February 06, 2019 Oil extends losses below $54 a barrel on signs of a weakening economy and an industry report pointing to rising U.S. crude inventories.
$80 Brent Acceptable for All
Wednesday, February 06, 2019 $80 per barrel Brent is an acceptable level for all to live with, according to Al Dhabi Capital Ltd.
Trump Touts US as Net Energy Exporter
Wednesday, February 06, 2019 President Trump used his State of the Union address to tout 'a revolution in American energy' that has made the US 'a net exporter.'
Frac Sand Accumulates as Demand Weakens
Wednesday, February 06, 2019 Just a year after rushing into America's busiest oil field with new mines, frac-sand producers may have overdone it.
WTI Settles Above $54
Wednesday, February 06, 2019 Brent futures ended the day higher as well.
Oil Halts Drop
Tuesday, February 05, 2019 Oil halted a decline as traders weighed output cuts from the OPEC producer group and its partners against expectations for rising U.S. crude inventories.
Oil Supermajors Smash Analyst Estimates
Tuesday, February 05, 2019 The world's biggest oil companies are pumping out cash like crude's at $100 a barrel again and investors love it.
Crude Oil Not Cleared for Takeoff
Tuesday, February 05, 2019 What's the proverbial Achilles heel of the oil market?
Oil Holds Gains
Monday, February 04, 2019 Oil held gains near a 2-month high after data showed U.S. production growth slowing at a time when OPEC cuts and American sanctions on Venezuela have already eased concerns over a supply glut.
Oil Has Short-Sellers on the Run
Monday, February 04, 2019 Oil's rally is driving doubters out of the market, with hedge funds abandoning more than half of their short-selling bets in just 4 weeks.
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