Crude Oil Caps Off Strong Week | Rigzone
West Texas Intermediate (WTI) crude oil for May delivery gained 84 cents Friday, settling at $60.14 per barrel. The WTI, which traded within a range from $59.41 to $60.73, is Continue Reading
Oil Prices Climb As Geopolitical Issues Mount
Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term. Crude oil stocks (Click to enlarge) Continue Reading
Oil Rises Above $60 for Largest Quarterly Gain Since 2009
U.S. oil prices rose to a four-month high of $60 a barrel Friday, and posted their biggest quarterly gain since 2009 as global supplies tighten and risk appetite grows amid Continue Reading
Oil Rig Count Falls As WTI Hits $60
The the number of active oil and gas rigs fell for the second week in a row in the United States this week according to Baker Hughes, while actual US Continue Reading
Oil posts biggest quarterly rise since 2009 on OPEC cuts, sanctions | Reuters
Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as U.S. sanctions against Iran and Venezuela, as well as OPEC-led supply cuts, overshadowed Continue Reading
Trump and Saudi Arabia at odds over oil prices: Kemp
U.S. President Donald Trump and the Saudi government have closely aligned views on most issues but they disagree significantly on the desirable level for oil prices, which could become a Continue Reading
Saudi’s SABIC sticking with growth plans, will discuss synergies with Aramco
Saudi Basic Industries Corp’s (SABIC) investment plans will not be affected by oil giant Aramco’s purchase of a 70 percent stake in the company, its chief executive said on Friday, Continue Reading
Algeria: Hundreds of thousands march for President Bouteflika’s removal
Protesters are demanding the resignation of President Bouteflika Hundreds of thousands of people have taken to the streets in Algeria to demand the resignation of President Abdelaziz Bouteflika. Estimates say Continue Reading
NEXT OIL DOMINO TO FALL? Mexico Becomes A Net Oil Importer
While Mexico suffered the bloodiest year of violent deaths in 2018, even bigger trouble may be ahead for the embattled country. For the first time in more than 50 years, Continue Reading
Exclusive: Trump eyeing stepped-up Venezuela sanctions for foreign companies – Bolton
U.S. President Donald Trump is considering imposing sanctions on companies from other countries that do business with Venezuela to cut off revenues to President Nicolas Maduro, Trump’s national security adviser Continue Reading