Category: Crude oil

Feds launch oil export studies

The federal government’s top energy analysts have kicked off their examination of issues surrounding the nation’s crude export ban, releasing a paper that examines the limited opportunities for offloading the light, sweet oil increasingly flowing out of U.S. wells.  More »

Oil back above $103 ahead on supply drop

Internationally, prices were still supported by the crisis in eastern Ukraine.  More »

Report: Exporting US oil would be economic boon

A new report says the U.S. would benefit from lifting a nearly four-decade-old ban on exporting domestic crude oil.  More »

Oil drops on expected rise in U.S. supply

Crude for July delivery fell $1.39 to close at $102.72 a barrel.  More »

Laredo Energy gets $130M to up drilling

Laredo Energy has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday.  More »

Oil higher above $104 on crises in Ukraine, Libya

The price of oil inched higher above $104 a barrel Wednesday as the conflicts in Ukraine and Libya posed renewed risks to crude supplies.  More »

Oil stays above $104 on crises in Ukraine, Libya

The price of oil remained above $104 a barrel Tuesday as investors weighed how the conflicts in Ukraine and Libya were likely to affect crude supplies.  More »

Oil futures down to near $104 after Ukraine vote

Natural gas fell after a proposed solution to a dispute over Ukrainian natural gas debts to Moscow was revealed, raising hopes that a supply cutoff would be averted.  More »

Oil settles above $104 ahead of Ukraine vote

Holidays will keep markets closed on Monday in the U.S.  More »

Oil eases but remains near $104 a barrel

The U.S. oil price hit a one-month high earlier in the week.  More »

CEO discusses key behind Sanchez Energy’s rapid growth

Sanchez Energy’s massive planned Eagle Ford Shale buy announced Wednesday is the latest in a string of acquisitions that the three-year-old company believes will push its revenue to more than $1 billion next year.  More »

PDVSA signs $2.2 billion oil service financing to boost drilling

Petroleos de Venezuela SA, the country’s state oil company, signed deals with oil service companies Schlumberger, Halliburton and Weatherford International.  More »
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