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Oil is Going to be Very Much Demand Driven
Friday, January 18, 2019 Oil is going to be very much demand driven, according to Arqaam Capital.

IEA Sees Oil Demand Growth Defying Slowing Economy
Friday, January 18, 2019 Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the IEA.

Oil Hits Two-Month High
Friday, January 18, 2019 Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy.

Crude Oil Settles Lower
Thursday, January 17, 2019 The American Petroleum Institute also reported a sharp year-on-year increase in well completions.

Oil May Bring 400,000 Jobs and $258B in Investments to Brazil
Thursday, January 17, 2019 The secretary general of the Brazilian Institute of Petroleum, Gas and Biofuels said that in the next few years, the oil industry will bring more jobs and investments to Rio de Janeiro.

US Will Likely Grant Fewer Waivers in May
Thursday, January 17, 2019 The United States will likely grant fewer waivers to buyers of Iranian oil when they're up for renewal in May, according to IHS Markit.

Oil Retreats Near $52
Thursday, January 17, 2019 Oil retreated near $52 a barrel as investors assessed surging U.S. production against output curbs pledged by some of the world's top suppliers.

Oil Futures Edge Upward
Wednesday, January 16, 2019 Despite cold temps in much of the US, natural gas is down again.

Survey: Oil and Gas Hiring in Houston Flat in 2019
Wednesday, January 16, 2019 A survey of Houston energy executives, HR staff and hiring managers expect little to no change this year in regards to hiring and company growth.

Offshore Service Spending to Outpace Onshore Shale
Wednesday, January 16, 2019 Research from Rystad Energy reveals that we'll see spending in the offshore service sector outgrow spending on onshore shale this year.

Canadian Oil Grades Weaken
Wednesday, January 16, 2019 Prices for Canadian oil fell relative to U.S. futures as Alberta Premier Rachel Notley expressed hope her government would be able to back off mandatory production curtailments in April.

Oil Holds Gain Near $52
Wednesday, January 16, 2019 Oil held gains near $52 a barrel on optimism the OPEC+ coalition's production curbs will clear a supply glut.

Crude Oil Bounces Back
Tuesday, January 15, 2019 Tuesday's trading bolstered the case for the 2019 crude oil comeback story.

Libya's Haftar Plans to Secure Oil Areas
Tuesday, January 15, 2019 Forces allied to Khalifa Haftar have entered the city of Sebha as part of a campaign to secure the country's lawless south and protect its oil-producing infrastructure, his spokesman says.

Policy Creating Hurdles for Canada's Oil Patch
Tuesday, January 15, 2019 The goal of Premier Rachel Notley's mandated production cut is to reduce the storage glut and get oil prices back to profitable levels.

Permian Shale Oil Boom Holds Mixed News for OPEC
Tuesday, January 15, 2019 For OPEC, good news often comes hand-in-hand with bad news.

Oil Demand to Grow Steadily in 2020s
Tuesday, January 15, 2019 Oil demand will grow steadily in the 2020s and peak in the late 2030s, according to Rystad Energy's current long-term outlook.

Oil Halts Drop Near $51
Tuesday, January 15, 2019 Oil halted its retreat near $51 a barrel on forecasts for a drop in U.S. inventories and as a rebound in equities signaled investor interest in risk assets was improving.

Lesar Pursues New Oil Patch Venture
Monday, January 14, 2019 The retired Halliburton executive plans to start an oilfield services company.

Crude Oil Slides Again
Monday, January 14, 2019 Oil and natural gas futures moved in opposite directions.

Ensco Proposes Sweeter Deal for Merger with Rowan
Monday, January 14, 2019 Ensco proposes to increase the exchange ratio for its merger with Rowan Companies.

Oil Down Amid Weak China Data
Monday, January 14, 2019 Disappointing China import/export figures spurred new economic growth concerns.

OPEC+ Cannot Decide on Meeting Date
Monday, January 14, 2019 The coalition's next formal meeting is tentatively scheduled for some point in April.

Demand Biggest Psychological Headwind for Oil
Monday, January 14, 2019 Demand is the biggest psychological headwind for oil right now, according to RBC Capital Markets.

Saudis Say OPEC+ Cuts Provided US Shale Lifeline
Monday, January 14, 2019 Saudi Arabia's energy minister has no quarrels with U.S. shale and even sees output cuts by OPEC and its allies as directly aiding American drillers.

Oil Retreats as Risk Appetite Shrinks
Monday, January 14, 2019 Oil extended its retreat as investor appetite for risk assets shrank.

Crude Oil Ends Winning Streak
Friday, January 11, 2019 Nevertheless, there's evidence that bullish sentiment is growing in the oil market.

US 10th Dist. Energy Firms Less Optimistic about Future Drilling
Friday, January 11, 2019 The Kansas City Fed's fourth quarter energy survey reveals a negative drilling and business activity index - the first in almost three years.

Analysts Outline Latest Oil Price Forecasts
Friday, January 11, 2019 Analysts at Fitch Solutions Macro Research forecast that the price of Brent will average $75 per barrel in 2019, a new report has revealed.

Winners and Losers of Offshore Spending Revival
Friday, January 11, 2019 After 4 years of cutbacks, oil companies are poised to open their wallets again and develop new offshore fields, but the benefits won't be spread equally.

Oil Set for Biggest Weekly Gain in 2 Years
Friday, January 11, 2019 Oil headed for its biggest weekly gain in over 2 years on hopes that OPEC will manage to shrink a glut and trade tensions between the US and China will ease.

Crude Oil Rally Subsides
Thursday, January 10, 2019 Thursday's day-on-day price gains were relatively modest.

Oil and Gas Digital Investment Set to Surge
Thursday, January 10, 2019 Global oil and gas executives are preparing to accelerate their investment in digital technologies, according to a new report from EY.

Oil Takes Breather After Bull Market Breakout
Thursday, January 10, 2019 Oil's taking a breather after bursting into a bull market.

Crude Oil Surges Above Thresholds
Wednesday, January 09, 2019 The WTI's breakout may be stronger than anticipated.

Oil Extends Longest Rally in 1.5 Years
Wednesday, January 09, 2019 Oil rose back above $50 a barrel, extending its longest rally in 1.5 years.

Critics Say Trump Is Giving Oil Industry a Bye in Shutdown
Tuesday, January 08, 2019 The Trump administration is working overtime to make sure the shutdown doesn't halt oil drilling too - in ways critics say may flout federal law.

Crude Oil Flirts with $50
Tuesday, January 08, 2019 The WTI approached a psychologically important milestone Tuesday.

US Upstream M&A Deal Value for 2018 Highest in 4 Years
Tuesday, January 08, 2019 A new report by Drillinginfo reveals $84 billion worth of upstream M&A deals, making it the highest total since 2014.

Proper Oil Price Rebound May Come by 1Q-End
Tuesday, January 08, 2019 A proper oil price rebound may come by the end of the first quarter.

Oil Holds Above $48
Tuesday, January 08, 2019 Oil held gains after its longest rally in almost 1.5 years.

Crude Oil Uptick Continues
Monday, January 07, 2019 Both WTI and Brent contract prices exhibited positive momentum during the early week session.

US Shale Drilling Activity Slowed in 2H 2018
Monday, January 07, 2019 A new report from Rystad Energy reveals a dip in the nation's fracking activity in the second half of 2018.

Oil Market is Oversold
Monday, January 07, 2019 At current levels, the oil market is oversold.

OPEC Strategy Still a Winner for Members
Monday, January 07, 2019 Given oil's plummet at the end of last year, OPEC's strategy to stabilize the market might look a bust - but it's still a winner where it matters most for the cartel's members.

Oil Extends Gains
Monday, January 07, 2019 Oil is headed for its longest rally in more than 17 months as the U.S. Federal Reserve sought to soothe investor concerns and on signs of slowing American production.

Crude Oil Continues Ascent
Friday, January 04, 2019 Bullish sentiment in the crude oil market for the initial trading days of 2019 continues.

Trump Credits Own 'Talent' for Oil Prices
Friday, January 04, 2019 President Donald Trump said OPEC 'is essentially a monopoly,' even as he credited his own 'talent' for having brought down oil prices.

US Drops Eight Oil Rigs This Week
Friday, January 04, 2019 US drillers drop eight rigs this week as crude prices advance.

Slight Uptick in US Mining Support Activities to End 2018
Friday, January 04, 2019 The US Bureau of Labor Statistics reported slight gains in support activities for mining in December.