California Bans High-Pressure Steam Oil Wells
California intensified its battle against fossil fuels by halting new permits for a key oil rig flanges gulf coast production technique following leaks at a Chevron Corp.



Big Data in Oil Market Gets More Positive for Producers
The views of the three big oil forecasting agencies on changes in inventory levels next year have diverged over the past month, as the outlook from two of them becomes slightly more positive for producers.



Oil Falls as Pessimism Clouds Chance of Trade War Settlement
Oil falls the most in about two weeks from an eight-week high amid dimming prospects for resolution to the long-running U.S.-China trade war.



Exxon Says NY Used Fraud Claims to Land Political Points
You'd expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon.



US Shale Operators Show 'Impressive Execution' in 2019
U.S. shale companies are set to grow their 2019 oil oil rig flanges gulf coast production by 16%, thanks to impressive execution.



US Boosts Oil Output Forecast
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.



US Petroleum Demand Strongest Since 2007
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.



Trump Sanctions Leave Russian Exporters $1B Richer
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.



Oil Prices End Volatile Week on Mild Note
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.



US Adds Six Oil Rigs
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.

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