Crude Oil News

Apache Slashes CapEx, but Will Put Up To $1.8 Billion in Permian in 2019

Apache Slashes CapEx, but Will Put Up To $1.8 Billion in Permian in 2019

OPEC Cuts? Rates Plunge? Oil Tanker Market to Shrug It All Off

OPEC Cuts? Rates Plunge? Oil Tanker Market to Shrug It All Off

February 8, 2019 - 5:26 pm Closing Bell Story, Crude Oil News, Energy News
Up to 1 Billion BOE Discovery

Up to 1 Billion BOE Discovery

Source: Rosneft Komsomolsk Refinery

Partial Oil Upgrading the Latest Fix for Canada’s Pipeline Problem

February 7, 2019 - 4:36 pm Canada, Closing Bell Story, Crude Oil News, Energy News
Cushing, Okla., is one of the United States oil facilities in the Keystone Pipeline System.

TransCanada’s 4,250-kilometre (2,640 mile) Keystone Pipeline System transports approximately 20 per cent of western Canadian crude oil exports to key refineries in the U.S. Midwest and Gulf Coast, where it is converted into fuel and other useful petroleum products.

Two Key Pipeline Shutdowns Cause Canadian Crude Price to Plummet

February 7, 2019 - 4:28 pm Closing Bell Story, Crude Oil News, Energy News, MLP News
Libya Clashes Resume as Warlord Haftar Tries to Seize Oil Field

Libya Clashes Resume as Warlord Haftar Tries to Seize Oil Field

February 7, 2019 - 4:24 pm Closing Bell Story, Crude Oil News, Energy News
Anadarko Says Full Speed Ahead

Anadarko Says Full Speed Ahead

Source: Bashneft

Suncor Expects Alberta Oil Cuts to End Early as Rail Shipments Slow

February 6, 2019 - 3:48 pm Canada, Closing Bell Story, Crude Oil News, Energy News
Weekly Oil Storage: Builds Continue

Weekly Oil Storage: Builds Continue

Northern Delaware Basin Operations 

From Concho.com

Rigs on A Treadmill: There’s Limited Room for a Fall

Oil Tankers Float in Limbo as U.S. Bars Venezuela Payments

Oil Tankers Float in Limbo as U.S. Bars Venezuela Payments

February 5, 2019 - 4:56 pm Closing Bell Story, Crude Oil News, Energy News
Tiny Guyana Could Soon Pump More Oil Than OPEC Member Venezuela

Tiny Guyana Could Soon Pump More Oil Than OPEC Member Venezuela

February 5, 2019 - 4:54 pm Closing Bell Story, Crude Oil News, Energy News, OPEC
OPEC Pursues Formal Pact With Russia

OPEC Pursues Formal Pact With Russia

February 5, 2019 - 4:49 pm Closing Bell Story, Crude Oil News, Energy News, OPEC
WPX Energy, Delaware basin. Three drilling rigs on multi-well pads. L to R: Orion Drilling, Pegasus on the CBR 22-10H, Aries on the CBR 22-14H.

WPX Slashes 2019 CapEx

The Curious Case of Norway’s 60 Million Barrels of Missing Oil

The Curious Case of Norway’s 60 Million Barrels of Missing Oil

February 4, 2019 - 5:07 pm Closing Bell Story, Crude Oil News
Russian oil output down in January, misses global deal target

Russian oil output down in January, misses global deal target

February 4, 2019 - 4:59 pm Closing Bell Story, Crude Oil News, Energy News
Rig Count Slides

Rig Count Slides

The American Oil Paradox: Too Much Good Crude, Not Enough Bad

The American Oil Paradox: Too Much Good Crude, Not Enough Bad

February 1, 2019 - 4:21 pm Closing Bell Story, Crude Oil News, Energy News
ConocoPhillips Reports Its First Annual Profit Since 2014

ConocoPhillips Reports Its First Annual Profit Since 2014

Here is Where Drilling, Completions Are Going in 2019

Here is Where Drilling, Completions Are Going in 2019

Venezuela’s Citgo Weighs Bankruptcy, Other Options Amid Political Fight

Venezuela’s Citgo Weighs Bankruptcy, Other Options Amid Political Fight

January 31, 2019 - 5:14 pm Closing Bell Story, Crude Oil News, Energy News
Oil Trains Make Comeback as Pipeline Bottlenecks Worsen

Oil Trains Make Comeback as Pipeline Bottlenecks Worsen

January 31, 2019 - 5:12 pm Closing Bell Story, Crude Oil News, Energy News
PDVSA Hunts for the Obscure Oil Product It Can’t Live Without

PDVSA Hunts for the Obscure Oil Product It Can’t Live Without

January 31, 2019 - 5:08 pm Closing Bell Story, Crude Oil News, Energy News
Hess Targeting 750 MBOEPD From Guyana

Hess Targeting 750 MBOEPD From Guyana

Two New Pipelines Make Moves to Transport U.S. Crude Oil to the Gulf Coast for Refining, Export

Two New Pipelines Make Moves to Transport U.S. Crude Oil to the Gulf Coast for Refining, Export

January 30, 2019 - 4:23 pm 360 Articles, Closing Bell Story, Crude Oil News, Midstream
Weekly Oil Storage: Small Build Falls Short of Forecasts

Weekly Oil Storage: Small Build Falls Short of Forecasts

Shale Production Hits Unprecedented Growth

Shale Production Hits Unprecedented Growth

January 30, 2019 - 10:52 am 360 Articles, Closing Bell Story, Crude Oil News, Natural Gas News
A Plus for the Permian

A Plus for the Permian

January 29, 2019 - 5:50 pm 360 Articles, Closing Bell Story, Crude Oil News
How One of Venezuela’s Last Oil Buyers May React to Sanctions

How One of Venezuela’s Last Oil Buyers May React to Sanctions

January 29, 2019 - 5:48 pm Closing Bell Story, Crude Oil News, Energy News
Source: TASS

Russia Vows Full Support for Maduro as U.S. Sanctions Bite

January 29, 2019 - 5:46 pm Closing Bell Story, Crude Oil News, Energy News