Overall global upstream investments will decrease by around four percent in 2020, according to the latest forecast by Rystad Energy. […]
Oil rose to the highest level in almost three months after U.S. President Donald Trump signed off on a partial trade deal with China. […]
WTI and Brent crude oil finished higher Thursday, buoyed by reports of progress on the U.S.-China trade front and other factors. […]
Global energy projects that need a breakeven oil price of above $60 could become uncommercial in the next decade, according to Rystad Energy. […]
Total also announced the FEED for a separate Central GOM project. […]
Oil was steady after falling from the highest close in 12 weeks following an increase in U.S. crude and fuel stockpiles. […]
Both WTI and Brent crude oil futures edged downward at midweek. […]
The U.S. Energy Information Administration has raised its Brent oil price forecast for the second time in a row. […]
Oil retreated from its highest close in almost three months after an industry report showed American crude inventories expanded last week. […]
West Texas Intermediate (WTI) and Brent crude oil edged upward during the second trading day of the week. […]
A year after a rare bullish call on oil, Saudi Arabia isn't counting on much of an uplift from crude prices in 2020. […]
Oil was steady near a 12-week high as investors weighed a forecast drop in American crude inventories against a looming deadline for the U.S. to impose more tariffs on China. […]
WTI and Brent crude oil prices finished lower Monday. […]
Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members. […]
Both WTI and Brent are up for the week, but only one of the benchmarks is up dramatically for the period. […]
The U.S. idled five oil rigs and added two gas rigs for a net loss of three rigs this week. […]
The U.S. saw a sharp decline in support activities for mining in November, according to data released Friday from the U.S. Bureau of Labor Statistics. […]
Halliburton has confirmed job cuts in Duncan, Oklahoma, just days after closing a facility in El Reno, Oklahoma. […]
OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia. […]
Oil sputtered as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna. […]
