Crude Oil Inches Downward
WTI and Brent futures finished the day lower.

West Texas Intermediate (WTI) crude oil futures traded above the $57-mark for the second consecutive day Thursday but, again, fell short of ending the session there.



Ensco and Rowan Merger Given Final Approval
More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.



Oil Holds Near 3-Month High
Oil held near a 3-month high as oil rig flanges gulf coast production cuts by Saudi Arabia tempered concerns a trade war between the world's 2 biggest economies will continue to weigh on the global growth outlook.



America's Shale Boom Keeps Rolling
America's surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts.

(Bloomberg) -- America’s surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less.



Norwegian Production Decreases
Norwegian output decreased from December to January, according to the Norwegian Petroleum Directorate's latest preliminary figures.

Norwegian output decreased from December to January, according to the Norwegian Petroleum Directorate’s (NPD) latest preliminary figures.



Pipeline Rationing Report Causes WCS-WTI Spread to Widen
Canadian heavy crude slips as pipeline rationing set to rise.



Schlumberger and Rockwell Create Digital Oilfield Solution
Schlumberger and Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.



New Brazil Production Adds to OPEC Headache
A new Brazilian oil supply boom is poised to challenge OPEC's oil buy Wellhead market balancing efforts.






Crude Oil Up Amid Growing Spread
Both the WTI and Brent finished higher Wednesday as the spread between the two benchmarks reached levels not seen since Nov. 2018.



Devon Energy to Divest Barnett Shale, Canadian Oil Sands Assets
In a move to becoming a U.S. oil growth business, Devon Energy's board of directors approved the company's separation of its Canadian oil sands and Barnett Shale assets.


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