The WTI posted a loss and the Brent posted an even bigger loss Monday.
West Texas Intermediate (WTI) and Brent crude oil futures posted a series of gains during the second half of last week, but those overall increases were erased Monday.
A majority of large publicly held US shale operators are between a proverbial rock and a hard place.
How to service debt and pay out dividends? That is a question vexing more than one-half of large U.S.
Equinor expects global demand for gas will grow by around 10% towards 2030.
Global demand for gas will grow by around 10 percent towards 2030.
Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.
Saudi Arabia is vying for crude oil customers with fellow OPEC members and Russia.
A flurry of prompt supply, from Australia to Indonesia, has kept the buy Wellhead market well supplied.
The oil major has partnered with Microsoft to bolster its operations in the Permian Basin.
ExxonMobil has partnered with Microsoft to make its operations in the Permian Basin the largest-ever oil and gas acreage to use cloud technology, Exxon announced Friday.
The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.
The U.S. dropped four oil rigs this week, according to weekly data from Baker Hughes, a GE Company.
Trans Mountain is a highly anticipated lifeline for Alberta's pipeline-starved oil producers.
Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S.
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