EOG has been drilling in the Utica shale for months now, and it just reported that the play can “compete with the best plays in America.”.
Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost ...
U.S. crude oil inventories likely decreased last week along with stocks of gasoline and diesel, while refineries are expected to have raised their capacity use, according to a survey by The Wall ...
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to ...
Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 1.57%, China's Composite Index gaining 0.22%, Hong Kong's Hang Seng Index falling 0.53% and India's S&P BSE Sensex falling 0.52%.
Petroleum futures were falling Tuesday, resuming a downward trend that began last week. Gasoline futures lead the declines, pressured by concerns ...
Tankers transferring Russian oil off the southern coast of NATO member Greece have been pushed out further into the Mediterranean because of naval exercises taking place in the area where the cargo ...
CME Group (NASDAQ:CME) is set to expand its suite of short-term West Texas Intermediate ("WTI") crude oil options to include ...
The Indian rupee appreciated against the US dollar by 1 paisa to close at 83.51 on Tuesday. Despite softening crude oil prices, negative domestic equities and significant foreign fund outflows ...
Putin’s new mandate is a stark remainder of the threat that Russia, backed by oil export revenues, will pose to Western democracies over the next six years. Finding a deterrent to this threat — ...
Chartbook: Oil and gas positions , opens new tab U.S. crude production has rebounded after the brief disruption caused by the ...
Aramco itself is likely to issue bonds in 2024, its CFO said earlier this year. The Saudi government in late January ordered Aramco to scrap its expansion plan to boost production capacity to 13 ...