Sunday, July 26, 2026
Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

Billionaire Cooperman Looks for $70 WTI, Names His Oil & Gas Stock Picks

From CNBC Billionaire investor Leon Cooperman predicted U.S. oil’s rise to $60 a barrel, and now he says it could hit $70. “I think the supply-demand outlook is favorable, and we would not be surprised to see oil reaching $70 a barrel,” the chairman and CEO of Omega Advisors told CNBC’s “Fast Money: Halftime Report” on Wednesday. Cooperman made his comments despite

Iraq Valve- oilandgas360

Iraq Signs Agreement to Build 70,000 BPD Oil Refinery near Kirkuk

From Reuters/Economic Times BAGHDAD: Iraq has signed an agreement to build a 70,000-barrels-per-day oil refinery near the northern city of Kirkuk, the oil ministry said on Thursday. The agreement was signed with Ranya International, a company based in the semi-autonomous Kurdistan region, north and east of Kirkuk, which would be an investor in the refinery, the ministry said in a statement. The plant would

Texas Flood: U.S. Oil Exports Pour into Markets Worldwide

From Reuters NEW YORK/LONDON/SINGAPORE (Reuters) – In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo. The repeal has unleashed a flood of U.S. shale oil, undercutting global crude prices, eroding the clout of