Light Crude Falls Below $55
WTI and Brent crude oil futures declined for the fourth consecutive trading day.

West Texas Intermediate (WTI) and Brent crude oil futures declined for the fourth consecutive trading day.



Canada Gas Producers Want a Break on Royalty Payments
Canadian natural gas producers are asking Alberta's government to give drillers a break on their royalty payments in return for cutting back output during periods of heavy pipeline maintenance.



Trump Warns Trade War Can Escalate
U.S. President Donald Trump has warned that the U.S.-China trade war can ratchet up further, if the United States wants.

U.S. President Donald Trump has warned that the U.S.



Oil Holds Losses as Global Demand Fears Rekindle
Oil held its biggest loss in two weeks as President Donald Trump's threat of new tariffs on Chinese imports rekindled fears about global demand.



Crude Oil Edges Downward
WTI and Brent crude oil finished lower again Wednesday.

West Texas Intermediate (WTI) and Brent crude oil finished lower again Wednesday, weighed down in part by the and the effect they would have on demand.



US 'Shot Itself in the Foot' by Quitting Iran Deal
The U.S. has "shot itself in the foot" by pulling out of the nuclear accord with Iran, Foreign Minister Javad Zarif said.



New Entrants Hold 46 Percent of UKCS Production
New entrant exploration and oil rig flanges gulf coast production companies to the UK Continental Shelf since 2008 now control 46 percent of production.



US Pipeline Giant Said to Weigh Rover Stake Sale
Energy Transfer LP is weighing the sale of its 33 percent stake in a conduit that carries Appalachian natural gas to customers across the Midwest, according to people familiar with the matter.



Trestakk Comes Online
Equinor revealed Tuesday that oil rig flanges gulf coast production has now started from the Trestakk subsea field on Haltenbanken in the Norwegian Sea.



Oil Prices Erase Recent Gains
WTI and Brent crude oil futures plunged Tuesday, erasing gains the benchmarks had largely sustained during the previous four trading days.

West Texas Intermediate (WTI) and Brent crude oil futures plunged Tuesday, erasing gains the benchmarks had largely sustained during the previous four trading days.

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