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The pioneers of the U.S. shale boom are warning of a slowdown in oil oil rig flanges gulf coast production growth, but it appears the U.S.
In the year-to-date through July, total U.S. petroleum demand averaged its strongest level since 2007.
In the year-to-date through July, total U.S.
U.S. President Donald Trump's sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil.
(Bloomberg) -- U.S.
WTI and Brent crude oil futures concluded a volatile week of trading with modest gains Friday.
West Texas Intermediate (WTI) and Brent crude oil futures concluded a volatile week of trading with modest gains Friday.
After several weeks of declines, the U.S. tacked on an additional six oil rigs.
After several weeks of declines, the U.S. tacked on an additional six oil rigs, according to weekly data from Baker Hughes, a GE Company.
Canada needs new outlets for its oil production, particularly with such stagnant domestic consumption.
Per BP, Canada produced over 5.2 million b/d in 2018 and was the fourth largest oil producer in the world.
16 discoveries estimated to be larger than 100 million barrels of oil equivalent were made in the first half of the year.
Oil held losses as a surprise gain in U.S. crude stockpiles added to deepening concerns over the outlook for global demand.
(Bloomberg) -- Oil held losses as a surprise gain in U.S.
WTI and Brent crude oil finished lower for the second straight trading day.
West Texas Intermediate (WTI) and Brent crude oil finished lower for the second straight trading day.
Iran is racing to return an oil supertanker to international waters after a Gibraltar judge said he couldn't wait for the U.S. to take action.
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