The most significant development in recent memory is the dramatic downfall of coal in the electricity sector, the result of cheap natural gas, stricter environmental regulation and the rise of Continue Reading
An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. Oil prices retreated in early Asian trade on Tuesday, halting Continue Reading
Oil prices surged to a one-month high Monday as new data caused investors to question whether U.S. oil production is as resilient as many anticipated. Oil prices have now climbed Continue Reading
FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. Oil prices edged up Continue Reading
American rigs targeting crude post first drop in 24 weeks Libyan production increases to highest level in four years Oil extended the longest run of gains this year, closing above Continue Reading
Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity in months, although rising output from OPEC despite a pledge to cut supplies capped gains. Continue Reading
Money managers add short positions at slower pace: CFTC data Bearish wagers on WTI reached highest level since last August Oil short-sellers have been on a roll, but their bets Continue Reading
After a couple of miserable weeks, oil traders were finally offered some good news this week as prices started ticking back up, futures improved and bullish estimates began trickling in Continue Reading
World No.1 oil exporter Saudi Arabia could raise prices for the heavy crude it sells to Asia in August to the highest in more than three years, trade sources said. Continue Reading
Crude oil futures on Friday were on track for their biggest weekly gain since mid-May, ending five weeks of losses with prices underpinned by a decline in U.S. output. U.S. Continue Reading
