The Trump administration is at odds with American companies over a proposed rule change to the North American Free Trade Agreement that is endangering a bright spot—energy—in contentious treaty talks. Continue Reading
The US shale oil revolution has reached a landmark moment, with the sector’s top companies for the first time earning enough cash to cover the cost of new wells. Since Continue Reading
Gazprom Neft, Russia’s fourth largest oil producer, has big plans for its Arctic oil operations, and it seems that neither sanctions nor production cuts can force it to quit its Continue Reading
A Transocean rig will be moving from an exploration well in the North Sea to frontier territory near existing oil and gas discoveries, Norway’s government said. The Norwegian Petroleum Directorate, Continue Reading
MOSCOW/LONDON (Reuters) – As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a record amount of crude. FILE Continue Reading
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a record amount of crude. Russia paired with the Continue Reading
Oil prices dipped on Monday as a rising U.S. rig count implied further increases in output, marking one of the few factors tamping back crude in an otherwise bullish environment. Continue Reading
Oil prices closed little changed Friday, pulled between comments from President Donald Trump that high crude prices “will not be accepted” and a meeting between major oil producers where they Continue Reading
Oil prices are headed toward $70 a barrel, a weight on the U.S. economy that is bearable for now but could pose trouble if prices keep climbing. The last time Continue Reading
Oil has rallied sharply in recent days to see West Texas Intermediate (WTI) trading at just under $70 per barrel and Brent breaking through the $70 per barrel mark, with Continue Reading
