Oil and Gas Prices
News
February 02, 2018
After its best January since 2006, the oil market is set to wrap up the week on a slump as a stronger dollar and weaker stocks added to concerns over booming shale production.
News
February 02, 2018
This year is proving to be a lot better for investors of the biggest exchange-traded fund that tracks crude oil prices. And it’s being helped by backwardation.
News
February 02, 2018
Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks’ growing faith in a price rally.
News
February 02, 2018
Wall Street’s biggest banks have changed sides and are embracing a surge in oil prices.
News
February 01, 2018
Goldman Sachs Group Inc. hiked its short-term crude oil price forecast by as much as 33%, saying the market is now likely balanced.
News
February 01, 2018
The oil-price rally worked both ways for Royal Dutch Shell as improved exploration and production lifted profit to a three-year high while refining and trading fell short of expectations as margins shrank.
News
February 01, 2018
Cnooc Ltd. plans to raise capital spending to the highest since 2014 and revised upward its oil and gas output targets.
News
January 31, 2018
Chevron Corp. raised its quarterly dividend as the world’s third-largest oil explorer by market value emerges from the worst crude market collapse in decades.
News
January 31, 2018
Like its ocean-crossing oil tankers, ExxonMobil Corp.’s strategy can take some time to turn. When it does, the impact can be striking.
News
January 31, 2018
Oil slipped for a third day in New York, continuing its retreat from a three-year high, on estimates that U.S. crude stockpiles increased last week.
News
January 31, 2018
For the world’s largest oil explorers, it’s a time of transition.
News
January 31, 2018
A rally in the price of black gold is giving Norway another fix.
News
January 30, 2018
Oil’s slowing down as danger signs flash ahead.
News
January 30, 2018
OPEC’s second-biggest producer is relinquishing some control over its prized oil in exchange for better prices.
News
January 30, 2018
PetroChina Co., the country’s biggest oil and gas producer, forecast that full-year profit rebounded off a record low and may have tripled amid cost cutting and higher energy prices.
News
January 29, 2018
ExxonMobil Corp. is set to spend $50 billion over the next half decade in a return to the oil giant’s spending habits before crude suffered its worst price rout in a generation.
News
January 29, 2018
U.S. oil slipped below $66/bbl, hampered by the biggest rise in the oil rig count since March and a firmer dollar.
News
January 29, 2018
The enthusiasm in the oil markets is breaking records.
News
January 26, 2018
Oil is on course for its third weekly gain this month as the cratering value of the U.S. currency elevated demand for dollar-denominated commodities when spare crude supplies already were shrinking.
News
January 26, 2018
E&P companies deployed more drilling rigs across U.S. oil fields this week as crude prices pushed to levels not seen in more than three years.
News
January 25, 2018
Africa’s top oil producer is learning to ignore crude prices, Nigeria’s Finance Minister Kemi Adeosun said.
