Report: Trump has ‘work to do’ on grasp of energy
Despite getting public support from one of the biggest names in oil, Republican presidential candidate Donald Trump has work to do, reports found. At a keynote address at a North Continue Reading
Offshore drillers less than optimistic
After idling some rigs in an effort to cut costs during the second quarter, Diamond Offshore said its optimism about a market recovery was somewhat low. The rig company, which Continue Reading
AAA: Low gas prices mask regional issues
Retail gasoline prices in the United States remain at historic lows, though regional intercontinental dynamics make for a fluid situation, AAA reported. The U.S. national average retail price for a Continue Reading
Exxon Official Says a Ban on Fossil Fuel is Unrealistic
“They can sit around in the dark and talk about how it worked out,” Ken Golden, commercial adviser for Exxon, said from the podium at an oil conference in San Continue Reading
UPS hits target of 1 billion alternative-fueled miles one year early
UPS has achieved its goal of driving 1 billion miles in its alternative fuel and advanced technology fleet one year earlier than planned, and marked more than 10 years of Continue Reading
Colorado Drive to Push Back Oil, Gas Operations Gets Cash Infusion
An initiative to broaden the setback on oil and gas operations in Colorado likely won’t appear on the November ballot, but the proposal – which analysts say would be a Continue Reading
Oil Holds Near Three-Month Low With Surplus in Focus
Oil prices steadied on Tuesday, after U.S. futures dropped below $40 for the first time since April, and the overhang of crude and refined products threatened to drag prices lower Continue Reading
Oil Rises From $40 After Dropping Into Bear Market on Oversupply
U.S. crude, gasoline inventory data forecast to show decline Stockpiles at highest seasonal level in at least two decades Oil rose in New York amid speculation the oversupply still weighing Continue Reading
U.S. crude oil edges back over $40, but oversupply still weighs
Oil prices edged up in early trading on Tuesday after U.S. crude broke below $40 per barrel the previous session, but traders said fuel markets continued to be dogged by Continue Reading
PIMCO Jumps On The Lower-For-Longer Bandwagon
Oil Tanker “Over the secular horizon, Oil prices are likely to remain low,” said the PIMCO’s Global Advisory Board (GAB), while assessing global economic trends, according to the PIMCO website Continue Reading