Ohio legislators took a step toward allowing fracking in state parks, adding a provision in a pending budget that would strip the governor of the ability to control the issuing Continue Reading
A letter viewed by Florida lawmakers from the Pentagon said maintaining a moratorium on drilling in parts of the Gulf of Mexico was in the nation’s interest. A letter from Continue Reading
Environmental groups are challenging President Donald Trump’s attempt to restore oil and gas leasing on more than 125 million acres in the Arctic and Atlantic oceans, arguing that a warming Continue Reading
Russia’s oil production on May 1 was 300,790 barrels per day (bpd) below the level in October, meaning it has cut output by more than was demanded under a pact Continue Reading
Royal Dutch Shell PLC Thursday reported a sharp increase in profit in the first quarter, rounding off a bumper set of results for the world’s biggest oil companies as years Continue Reading
U.S. crude stockpiles fell 4.16 million barrels last week: API OPEC deepens production cuts in April vs March, survey shows Oil rebounded from a six-week low after a U.S. industry Continue Reading
Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near record Continue Reading
Oil prices fell on Monday and Tuesday as hedge funds and money managers have started to cut bullish positions in oil in a reaction to quickly growing supply (Click to Continue Reading
Oil prices took some of their biggest losses of the year Tuesday, with concerns about rebounding output from Libya and rising production in the U.S. pushing prices to new lows. Continue Reading
Pipelines are seen at the industrial zone at the oil port of Brega, Libya, January 12, 2017. OPEC oil output fell for a fourth straight month in April, a Reuters Continue Reading
