Oil rose as signs of tightening supplies around the world offset concerns over the pandemic’s latest hit to demand. U.S industry data pointed to a sharp drop in the nation’s crude stockpiles last week. If confirmed by […]
ENB Publishers Note: Too bad oil price’s don’t move like $GME (ok final reference for the day) huh? Crude oil prices stay flat even mid bullish draw according to the API. Traders wait for EIA […]
Energy News Beat Publishers Note: An excellent article by Irina Slav for Oil Price. With the major oil companies getting out of oil and gas, Saudi Aramco has stated that they will be producing oil […]
Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]
As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]
Another choppy day for the markets as stocks finish flat ahead of big corporate earnings. S&P 500: 00% Nasdaq: 20% Dow Jones: 04% General Electric shares jumped 9% on its better-than-expected industrial free cash flow for the fourth […]
Oilprice.com – U.S. President Joe Biden is expected to sign on Wednesday an executive order directing federal government agencies to determine the extent of a ban on new drilling on federal lands and waters, The […]
Larry Fink, chief executive of the world’s biggest asset manager BlackRock , warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for […]
A district court didn’t overstep when it scrapped a key permit for the Dakota Access pipeline and concluded it was approved unlawfully, the D.C. Circuit ruled Tuesday—the latest in a series of defeats for the […]
The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. […]
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