President Trump is expected to visit the Permian Basin in West Texas Wednesday and make a stop at the Double Eagle Energy in Midland, the White House announced.
During his visit, the president will tour an oil …
SINGAPORE/LONDON – Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China.
Brent crude LCOc1 rose …
According to publicly filed financial statements, 40 U.S. oil producers collectively wrote down $48 billion worth of assets in the first quarter of 2020, the largest quarterly adjustment since at least 2015. Low crude oil prices contributed to significant …
Calgary, Alberta and Houston, Texas–(Newsfile Corp. – July 27, 2020) – PetroTal Corp. (TSXV: …
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Unprecedented times call for unprecedented solutions, this year’s conference will be the …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Michael covers the highlights for the day and talking about the deep impact on the
RarePetro
Oil & Gas 360 Publishers Note: This is an outstanding piece from Kevin about world oil costs and what the countries need to make in order to keep up with their social programs. We have been covering this topic, …
OSLO – Equinor on Friday reported a drop in second-quarter operating profit but a strong performance from its refinery and trading business helped to counter a coronavirus-led slump in oil and gas prices allowing the group to beat forecasts.…
This week’s Baker Hughes rig count shows that U.S. had a decrease of 2 over last week, resulting in a total count of 251 rigs. Canada had an increase of 10 over last week, resulting in …
LONDON – Oil prices edged higher on Friday, supported by a weaker dollar, though tensions between the United States and China and wider economic uncertainty weighed.
Brent crude was up 10 cents at $43.41 a barrel at 1323 GMT, …
Unprecedented times call for unprecedented solutions, this year’s conference will be the …
Barclays Commodities Research said on Thursday oil prices could see a correction in the near-term if a recovery in fuel demand slows further, especially in the United States.
While a recent rally has been supported by faster-than-expected rebalancing of …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Michael covers the highlights for the day and surprises us with some technical difficulties. The
Reuters
HOUSTON/NEW YORK – A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged U.S. shale producers to return at least a third of the 2 million barrels per day (bpd) …
Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to the end of June widely expected to mark the “low point” of …
LONDON – Oil edged lower on Thursday as rising U.S. fuel inventories and concerns about surging coronavirus cases outweighed the impact of a weaker dollar, which usually boosts oil prices.
Brent crude LCOc1 fell 22 cents, or 0.5%, to …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Michael covers the highlights for the day. 20 States sue Trump over piplines
U.S. crude oil and distillate inventories rose unexpectedly and fuel demand slipped last week, the Energy Information Administration said on Wednesday, as a sharp outbreak in coronavirus cases hit U.S. consumption.
U.S. crude production ticked higher and refined products …
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.9 million barrels from the previous week. At 536.6 million barrels, U.S. crude oil …
Reuters
LAUNCESTON: China’s refineries imported and processed record amounts of crude oil in June, and while these are undoubtedly bullish economic signals, it’s worth noting that flows into storage tanks were also likely at an all-time high.
The massive amount …
The Hill
Oil & Gas Publishers Note: Our team has been covering the regulatory fight the Trump administration has been plagued, and the implications. I can bet all of the states did not vote for him.
A coalition of 20 …
Unprecedented times call for unprecedented solutions, this year’s conference will be the …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Michael covers the highlights for the day. Kind of a quiet day in the
How much are you willing to spend to save the earth? How about an extra 89 cents per gallon? That’s about how much a nationwide carbon tax would cost every time you stop for a gasoline fill up. Whether …
MEXICO CITY – The trial of a former boss of Petroleos Mexicanos threatens to expose years of alleged malpractice at the state oil company and provide a canvas for Mexico’s leftist president to depict rot at the heart of …
