BP begins pumping oil from UK North Sea field

BP has begun pumping oil from a redeveloped field in the United Kingdom’s North Sea, firing up its third major project this year, the company sai...


Market Currents: OPEC’s losing battle?

Oil is rallying for a second consecutive day, with continued positive momentum from yesterday's weekly inventory report, in combination with risi...


Analysts warm to Apache’s Alpine High

Analysts may be slowly changing their tunes on Apache Corp.’s giant Alpine High discovery, after a skeptical first few months. Apache announced t...

Crude Oil

Oil prices head for big weekly loss as glut lingers

Oil headed for its biggest weekly drop in four weeks as U.S. supply data signaled that OPEC’s efforts to re-balance oversupplied markets need mor...

Natural Gas