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Results 50 articles shown
Crude Oil Up More Than 5% for the Week
Friday, February 15, 2019 A Russian pledge and a Saudi outage provided support for crude.
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.
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.
Oil Poised for Weekly Gain
Friday, February 15, 2019 Oil heads for its biggest weekly gain in a month.
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.
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.
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.
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.
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.
Crude Oil Ends Day Higher
Wednesday, February 13, 2019 Natural gas didn't add to its three-day winning streak, though.
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.
Refiners and Shippers Not Ready for New Fuel Reg
Wednesday, February 13, 2019 New report finds implementing pending IMO mandate is a challenge for refiners and shippers.
OPEC Chief Urges Producers to Meet Cut Pledges
Wednesday, February 13, 2019 OPEC's top official urged countries in the group and its allies to follow through on their pledges to cut oil production and keep global markets balanced.
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.
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.
WTI Trades Above $54
Tuesday, February 12, 2019 Crude oil, gasoline and natural gas prices finished higher Tuesday.
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.
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.
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.
Crude Oil Ends Day Lower
Monday, February 11, 2019 Both the WTI and Brent contracts settled lower Monday.
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.
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.
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.
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.
Crude Oil Reverses Course
Friday, February 08, 2019 Oil prices changed direction this past week.
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...
Oil Tanker Market Shrugs Off All Concerns and Remains Bullish
Friday, February 08, 2019 The people paid to evaluate the shipping industry's prospects are actually turning a little more bullish.
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 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.
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.
The Impact of Venezuela Sanctions on US Refiners
Thursday, February 07, 2019 Venezuelan sanctions are unlikely to have a significant impact on U.S. refiners, according to the U.S. Energy Information Administration.
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.
WTI Settles Above $54
Wednesday, February 06, 2019 Brent futures ended the day higher as well.
Germany May Never Get a Natural Gas Boom
Wednesday, February 06, 2019 The natural gas industry is eager to see a jump in demand now that Germany has come up with a plan to end electricity generation by burning coal.
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.'
UK OFS Sector Sees Turnover and Headcount Fall
Wednesday, February 06, 2019 UK oilfield services sector turnover experienced its 3rd consecutive annual decline in 2017, according to a new report from EY.
$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.
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.
Crude Oil Not Cleared for Takeoff
Tuesday, February 05, 2019 What's the proverbial Achilles heel of the oil market?
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.
BP Exceeds Expectations
Tuesday, February 05, 2019 BP joined its Big Oil peers by giving investors a positive surprise.
Offshore Wells to Watch in 2019
Tuesday, February 05, 2019 Wood Mackenzie's Vice President of Global Exploration, Andrew Latham, singles out 5 conventional offshore wells to watch in 2019.
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.
Crude Oil Loses Momentum
Monday, February 04, 2019 Oil futures got off to a good start Monday, but their momentum tapered off.
Global Offshore Oil Set to Rebound?
Monday, February 04, 2019 Offshore spending is expected to increase 4-5% in 2019 and even outgrow onshore investment.
Glengorm Heralds Mini Renaissance in UK Exploration
Monday, February 04, 2019 The Glengorm discovery will 'reignite' interest in the high temperature, high pressure plays in the North Sea and heralds a 'mini renaissance' in UK exploration, according to Westwood Global Energy Group.
Global Deepwater Liquid Output to Hit Record
Monday, February 04, 2019 Rystad Energy expects global deepwater liquid production to surpass 10 million barrels per day in 2019.
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.
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 Holds Below $54
Friday, February 01, 2019 Oil held below $54 a barrel after its best January on record.