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Oil trading in U.S. Gulf dries up as tanker rates skyrocket
Source: Houston Chronicle Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to[...]
Oil rises 1.4% on hopes OPEC will extend supply cuts, weaker U.S. dollar
Source: Reuters HOUSTON (Reuters) - Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied[...]
U.S. ‘deeply concerned’ about untrackable China ships carrying Iran oil: officials
Source: Reuters WASHINGTON (Reuters) - The White House is warning Chinese shipping companies against turning off their ships’ transponders to[...]
New study blames some Permian Basin earthquakes on fracking
Source: Houston Chronicle A new study from the University of Texas at Austin is blaming hydraulic fracturing activity on some[...]
Occidental estimates higher third-quarter production on Permian boost
Source: Reuters Oil and gas producer Occidental Petroleum nudged its estimate for third-quarter production higher on Tuesday, helped by fewer[...]