Thursday, July 9, 2026
Wyoming Files Suit Opposing BLM Rule on Flaring - Oil & Gas 360

Oil Rises as Oversupply and Trade Tension Subsides

From Reuters Oil prices rose about 1 percent on Tuesday as the market shifted focus to the possibility of increased Chinese demand, drawing attention away from trade tensions between that country and the United States after a series of tariffs imposed by both countries. Brent crude was up 76 cents at $73.82 a barrel by 12:27 p.m. EDT (1627 GMT).

How An Oil Glut Could Swiftly Turn To An Oil Shortage

From Houston Chronicle Oil industry analysts and executives fear a looming global supply crunch is on the horizon, even as Texas and other parts of the nation keep churning out more oil than ever. U.S. oil prices could spike from about $70 a barrel now to levels not seen since mid-2014 when oil hovered above $100, analysts say. That would be

Panhandle Oil and Gas Announces Change to Board of Directors

Panhandle Oil and Gas Inc. (NYSE: PHX) announced that Robert O. Lorenz will be retiring from its Board of Directors in March 2019 at the end of his current term. In compliance with the Company’s Bylaws, Mr. Lorenz was not eligible to serve another term due to age limitations. Mr. Lorenz has served as a Director of Panhandle since 2003

Lonestar Resources to Present at The Oil and Gas Conference

Lonestar Resources (NASDAQ: LONE) Company Overview Headquartered in Fort Worth, Texas, Lonestar’s focus is on the volatile crude oil window of the Eagle Ford Shale. April 2018 Production‐ exceeded 10,000 BOEPD for first time in Lonestar’s history Production increased 48%, year‐over‐year to 7,777 BOEPD Adjusted EBITDAX increased 103%, year‐over‐year to $23.4 million Summary Q1-2018 Revenue: $33 million Q1-2018 Production: 7.78

Risks Are Rising That Oil Prices Will Cause Next Recession

From CNBC Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn. This should not come as a surprise for any investor who is a student of market history: The last five U.S. recessions were also preceded by a rise in oil prices.