One of the central mysteries of Venezuela’s slow-motion collapse: Why does the military continue to support Nicolás Maduro, the president who has led the once-prosperous South American country into poverty Continue Reading
Mexico has nearly finished reworking the formula it uses to hedge its oil production, a finance ministry official said on Friday, including changes to how it factors fuel oil prices Continue Reading
Brazil’s Petrobras plans to increase the amount of oil it exports by more than a third in the coming years, the state-run company said in a statement on Friday In Continue Reading
“We’re going to work with China on where we left off to see if we can make a deal,” Mr. Trump said at a news conference. “I’m not rushed,” he Continue Reading
‘We’re right back on track,’ Trump says of China trade talks. The United States and China have agreed to resume trade talks, President Trump said on Saturday after meeting with Continue Reading
U.S. crude oil output in April rose to a fresh monthly record, surpassing 12 million barrels per day, according to a government report on Friday. The United States produced 12.16 Continue Reading
Supply and disposition of crude oil and petroleum products on a national and regional level. The data series describe production, imports and exports, movements and inventories. PDF and CSV files Continue Reading
It’s been five years since crude started a precipitous drop that eventually saw it hit a low of $26 a barrel and shale producers are still feeling the pain. (Bloomberg) Continue Reading
Milestone Environmental Services reported that it has acquired leases and injection permits in Howard County, Texas. Milestone Environmental Services reported Wednesday that it has acquired three leases and four injection Continue Reading
This week’s addition of oil rigs was offset by a decline in gas rigs. The U.S. added four oil rigs and dropped four gas rigs this week, according to weekly Continue Reading
