(Bloomberg) -- The well-heeled, buttoned-down world of international oil now has competition from cowboy boots and jeans.

The Abu Dhabi National Oil Company (ADNOC) announced Monday that it has signed a framework agreement with Saudi Aramco “to explore potential opportunities for collaboration in the natural gas and Liquefied Natural Gas (LNG) sectors”.

The West Texas Intermediate (WTI) and Brent crude oil benchmarks set a record Monday – but not the kind that oil producers typically like.

(Bloomberg) -- Canada’s oil producers can’t catch a break.

Even as local oil rig flanges gulf coast production cuts help alleviate pipeline bottlenecks, heavy crude plunged below $18 a barrel for the first time since 2016 -- dragged down by global oil prices.

(Bloomberg) -- Oil’s set for its longest stretch of declines on record after entering a bear market, with investors awaiting a weekend meeting of OPEC and its allies to discuss output strategy.

Oasis Midstream Partners LP (OMP) is buying assets from Oasis Petroleum Inc.

This opinion piece presents the opinions of the authors.

Crude oil futures declined again Friday, but the key natural gas benchmark got a late-week boost from a Canadian cold blast.

The U.S. added a total of 14 rigs this week, , according to weekly data compiled by Baker Hughes, a GE Company.