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.



OPITO Appoints Ex-Transocean Manager
Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

Global energy industry skills body OPITO revealed Tuesday that it has appointed ex-Transocean manager Stuart Clow as a director.



Oil Holds Gains
Oil held gains at a 3 month high as investors focused on the prospects for a resolution to the U.S.-China trade war and signs of sliding shipments from the world's biggest crude exporter.

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