Category: Crude oil

One oil & gas young professional’s look back at 2014

Time is going to pass anyways, so you may as well put in the work now, and – much faster than you realize it – you will get to reap the spoils.  More »

Brazil, Roiled by Petrobras Probe, Makes for World’s Most Volatile Equities

The rallies and routs in Sao Paulo, including two bear markets and a 38 percent surge in between, were more extreme than in nations including Nigeria and Israel.  More »

Oil trades near lowest since ’09 with supply at year-end record

Oil has slumped 46 percent this year, set for the biggest annual decline since 2008, as the highest U.S. production in more than three decades contributed to a global surplus estimated by Qatar at 2 million barrels a day.  More »

Bakken Club gets evicted as oil plunge tests shale boom

The club owed $21,598 for rent plus $1,329.90 in late fees, the landlord, On The Spot Development LLC, said in a Nov. 25 complaint.  More »

BP turns on oil flow at North Sea field

The Kinnoull field at its peak should be able to flow 50,000 barrels of crude a day, the British oil giant said Tuesday.  More »

Guard of Libyan oil ports calls in strikes on Islamist militias

The fighting last week marked a turning point in the unrest that followed Muammar Qaddafi’s 42-year rule.  More »

Oil prices fall to five-year low; 250,000 jobs at stake in 8 states

Manufacturers across Texas, as well as hotels and restaurants in the bustling rural oil towns in the western and southern corners of the state, could feel pain from declining oil prices before other industries.  More »

Houston gasoline prices fall again

Houston prices have fallen 45.8 cents since November and a little more than $1 since the same time in 2013  More »

Survey: Texas manufacturers worried about oil price slide

Several manufacturing executives expressed pessimism over how falling oil would affect business next year.  More »

Poll: More Americans say they prioritize alternative energy to fossil fuels

Republicans were the only demographic group that had more members who preferred expanding fossil fuels.  More »

Commentary: Reading tea leaves of Saudi 2015 budget

The kingdom has historically missed the mark between budget making and actual oil prices.  More »

Oil falls to 5-year low as supply glut seen lingering

Futures plunged 46 percent this year, set for the biggest annual drop since 2008, as the Organization of Petroleum Exporting Countries resisted supply cuts to defend market share in response to the highest U.S. output in three decades.  More »

Oil strengthens as Libya conflict offers relief from glut

Fires have been extinguished at three of six tanks at Es Sider, Libya’s largest oil port, which were set ablaze after an attack by militants.  More »

Canadian oil surge to U.S. Gulf puts Mexico on defensive

The Canadian supply will square off against crudes from Mexico and Venezuela that have traditionally fed refineries along the Texas and Louisiana coasts.  More »

As oil prices fall, Alaska governor halts project spending

With oil prices dropping, Alaska Gov. Bill Walker has halted new spending on six high-profile projects, pending further review.  More »
Page 20 of 303« First...10...1819202122...304050...Last »